Posts by Ifeanyi Igbokwe

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How to Avoid Getting Scammed When Renting an Apartment in Lagos
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Five Thing to Look Out for in a Rent Agreement

How to Avoid Getting Scammed When Renting an Apartment in Lagos

 

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If you have ever lived in Lagos, you don’t need a crash course to know that  real estate  agents, landlords and omo-oniles defraud people of their hard-earned money every other day. With the demand for accommodation rising far more than supply, it’s no wonder that some people can be easy targets since they are in desperate need of the properties at the time.

Sometimes, real estate agents also perpetuate this kind of scam by renting out an apartment  that is currently occupied to unsuspecting tenement seekers. Another scam agents perpetuate, is to rent houses that are for sale to people. Unsuspecting are then swindled of their hard earned money. Sometimes, it may not even be the agents, perpetuating the fraud, it may be  the landlord, his son, or even a ‘sharp guy’ who stays around. Read More

Five Thing to Look Out for in a Rent Agreement

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Finding an affordable property to rent/lease can be a real nightmare. Sometimes the stress of checking one property after another, perhaps for months, begins to culminate in a desperation—an eagerness to grab the first one that meets our criteria.

When eventually, we find a suitable one, we are often in such a hurry to move in that we do not take time to read and fully understand the terms and conditions contained therein or even insist long enough to have clauses that will favour us inserted into the agreement for fear of losing to other ‘faster’ bidders.

This negligence of the part of tenants can often end up leaving enough room for minor mistakes that can sometimes become so costly we’d wish we never leased/ rented a piece of real estate in the first place. Read More

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