COMMON MISTAKES LANDLORDS MAKE OVER THEIR TENANT HOUSE

COMMON MISTAKES LANDLORDS MAKE OVER THEIR TENANT HOUSE

Imagine having a residential property for tenants only to face tenants’ headache. A Landlady told us a few days ago how she had to evict a difficult tenant and decided not to rent out the property for almost a year, to avoid tenant wahala.

A businessman built a nice two-storey building in Port Harcourt and put in tenants but didn’t hire a Property Lawyer to manage it. He thought it was an unnecessary expense. Most of the tenants became a thorn in his flesh.

Not hiring a Property Lawyer was a big mistake. A Property Lawyer will help you prepare a strong Tenancy Agreement; check if prospective tenants are trustworthy; keep proper records; handle problems with tenants; ensure you comply with Nigerian property laws and ensure the property is always in good condition.

Some Landlords/Landladies engage estate managers who are not Lawyers, forgetting that these persons cannot prepare legal documents and evict tenants, and the estate manager ends up engaging the legal services of a Lawyer.

That’s double expenses.

Tenants are more likely to comply when a Lawyer is the estate manager.

If you make these mistakes, you jeopardize your property investment and bring in the wrong people into your property who may damage your property and stress your life.

So do the right thing; get a Property Lawyer to manage your property and maximize your gains.

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APEX CHAMBERS, Property and Business Lawyers/Barristers in Port Harcourt, Nigeria

Phone: +234(0)7030868694 (Calls & Whatsapp)
Email: info@apexchambersglobal.com
Website: www.apexchambersglobal.com