About The Planned Abolition Of The Yearly Rent Payment. - Romance - Nairaland
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| About The Planned Abolition Of The Yearly Rent Payment. by FitCorper: 12:56pm On May 16 |
The proposed law by the senate is actually a good one when you think of it, except you just want to be greedy. I am not a lawyer, but I believe that with the old pattern of yearly payments, when you stay for over 2 years then the landlord is obligated by law to give a notice for 6 months after your rent expire or so. This is to afford you enough time to look for where to move to. But with this new pattern of monthly payment you can pay for any number of years, but the receipt issued now will contain the years in months. I.e 1 year (12 months in advance), 2 years bcoms (24 months in advance), 3years (36 months in advance). This is to effect immediately exit of tenant by law once the rent expires. So is more or less like a removal of grace window for the tenant. Lawyers in the house please shed more light. |
| Re: About The Planned Abolition Of The Yearly Rent Payment. by advanceDNA: 1:12pm On May 16 |
There is grace window for all types of rent payment if the landlord is asking you to leave... Grace window or no grace window...if a tenant has vawulence and witchcraft....he can stay up to 1 year after rent has expired under the pretence of one problem or another, especially if the landlord is gentle |
| Re: About The Planned Abolition Of The Yearly Rent Payment. by FitCorper: 1:19pm On May 16 |
advanceDNA:Na landlord wey no sabi himself na client take de do anyhow. Even if the tenant na madman just issue am court notice sharp sharp him go pack out with speed. Court na your mate? |
| Re: About The Planned Abolition Of The Yearly Rent Payment. by Paulayor: 2:12pm On May 16 |
these guys will create more problems than they can imagine. just listen to what landlords are already saying they'll do once the rent is being paid monthly https://www.youtube.com/watch?v=n9AfSb1WY_k |
| Re: About The Planned Abolition Of The Yearly Rent Payment. by FitCorper: 4:46am On May 17 |
Paulayor:Don’t worry about their greed, as I’m quite sure the law will curb that. |
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