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Agency And Related Charges In Lagos - Properties - Nairaland

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Agency And Related Charges In Lagos by Lexicon123: 7:18pm On Sep 01, 2021
Guys, I would like to get your thoughts on what the correct agency, agreements and related charges are in Lagos. Trying to move to a property with an annual rent of approximately N2m, but they're charging: agency 20%, agreement 10% and caution fee of 10%. Of course they'll claim caution fee is refundable, but everyone knows it's big lie.

So what are the standard agency and related charges in Lagos? Are there laws governing such charges?

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