Renting an apartment is a legal procedure that requires a contract, so that this fee is paid for the services of the lawyer. The real estate lawyer`s job is to develop a rental agreement and ensure that each party`s interests are well protected. We deal with the details of this lease in another article. But in the meantime, remember that this contract is crucial for your happiness even later in this apartment. Stella, In the UK, some agents collect as high as 300-500 dollars for a room as agency/deposit fee. If you destroy something before you leave, withdraw it from the money and give you the balance (with interest) because they deposit it. I live in Chelsea, where a room goes for 800 dollars a month, come and listen agency fees… . It`s the same, like everywhere else. For example, while real estate and mandated rental intermediaries do not have a fee schedule to perform what they charge per transaction, professionals cannot collect more than 10 percent of the total rent paid by the tenant. A few days later, the officer informed her of a newly renovated building in Amukoko, another large slum of the LGA Ajeromi-Ifelodun.
He was asked to pay for each of the 12 rooms in the N3,500 building. In addition to the invitation to pay two years in advance, Abike had to part with the N70 in each of the rooms as agency fees and commission. It was 1.920,000. The plight of Abike and Alice is synonymous with the fact that unhappy tenants live almost every day in the hands of Shylock`s owners and their dodgy real estate agents in Lagos and other Nigerian cities. Although the State of Lagos, in an attempt to limit these excesses, is adopting a new rental right, Vanguard Homes – Property has found that the law is more observed in violation than compliance. I must say it was a stressful and frustrating trip looking for an apartment in Lagos. It`s more of a hunt than a trip. But after all these trials and trials, I can tell you that you need one thing: happiness. This is luck settled in terms of housing/housing and happiness with regard to the real estate agent.
What happens if you know your right, but the owner and broker refuse to identify your real estate activity is one of the trendy and lucrative businesses in which you can immerse yourself in Nigeria. But it has been tarnished by the presence of hungry agents who act as intermediaries for selfish interest. Everywhere in Lagos, there are unreliable and fraudulent agents. Many people have been victims and some who do not remain open to information, as you do now, would still be victims of such agents. Yes, it is very sad that landlords and brokers all extort fees on behalf of the agency and tenant agreement. You can even pay finished and always the agent will be a scam. I just paid for a house, by a real estate agent who works for an owner, and so far we don`t see the agent and our money. The owner said he had been renting his own house for two months, telling the officer to stop raising money without knowing that the agent was still collecting money from his back.
My sweat and my agitation, but I trust in God to help me, because where I am crouching is no more favorable. You don`t know when you`ll be asked to leave. I cry every night, but what can I do? Even the legal tax is the same as the agree tax, don`t be fooled. Sometimes property owners can charge a warning fee. This is a large amount of money (refundable) that a landlord charges to a tenant intended as a back-up in this matter, the tenant should damage one of the frames of the property during his rental period.