Landlord Guide: Managing Tenants and Properties in Lagos

Being a landlord in Lagos can be rewarding — but it comes with real responsibilities and legal obligations. Whether you have one rental unit or a portfolio of properties, managing tenants well is the key to protecting your investment and maintaining good returns.

Tenant Screening

The most important decision you make as a landlord is who you rent to. A bad tenant can cost you more than a year's rent in damage, unpaid rent, and legal fees. Before accepting any tenant:

• Verify their employment or income source (ask for pay slips, bank statements, or a letter of employment)
• Obtain a personal guarantor and verify the guarantor's details
• Ask for references from a previous landlord
• Request a valid government-issued ID
• Trust your instincts — if something feels wrong, it probably is

The Tenancy Agreement

Always use a written tenancy agreement, even for short-term lets. A proper agreement should include:

• Names and addresses of both parties
• Description of the property
• Tenancy period (start and end date)
• Rent amount and payment schedule
• Security deposit terms
• Obligations of both landlord and tenant
• Grounds for termination and notice period

Have the agreement reviewed by a property lawyer to ensure it complies with the Lagos Tenancy Law 2011.

Rent Collection

In Lagos, annual rent in advance is the most common arrangement. Ensure rent is paid by bank transfer for a clear paper trail. Provide receipts for every payment. If rent is overdue, issue a formal written demand letter before escalating.

Maintenance Responsibilities

Under the Lagos Tenancy Law, landlords are generally responsible for structural maintenance and major repairs (roof, plumbing, walls), while tenants are responsible for day-to-day upkeep. Be proactive about maintenance — a well-maintained property retains more tenants and commands higher rents.

How to Issue a Valid Quit Notice

Under Lagos law, quit notices must be in writing and served with adequate notice:

• Monthly tenancy: 1 month notice
• Quarterly tenancy: 3 months notice
• Annual tenancy: 6 months notice

Failure to follow correct procedures can make a quit notice invalid and complicate recovery of possession.

Working with a Property Manager

Many landlords prefer to outsource day-to-day management to a professional agent. APEXIFY Real Estate Limited offers property management services including tenant screening, rent collection, maintenance oversight, and legal compliance for landlords across Ogun and Lagos States.