EFFECT OF LANDLORD AND TENANT RELATIONSHIP ON RESIDENTIAL PROPERTY

Abstract

The take a look at take a look at the impact of landlord and tenant courting on resident, and the way to Maintaining healthful landlord-tenant courting in a residential assets is a pre-needful for societal development and growth, the take a look at has the subsequent objectives, To take a look at the volume wherein landlord and tenant courting should enhance residential houses in Ife to Anambra, To take a look at elements that has militated towards cordial courting among landlord and tenants, To advise methods of enhancing landlord and tenant courting as to higher residential assets ,Concerning method the take a look at stated the populace of the take a look at region with the sampling strategies utilized in verify the sampling length for this studies work. It additionally defined the mode of information series and evaluation; Questionnaires have been used to pattern people’s opinion even as wearing out the survey. The researcher discarded the secondary information designs on the way to get new, correct findings and information evaluation at the difficulty matter. Base on fining the take a look at has the pattern length of sixty (60), From the end result and the belief of this take a look at, the subsequent suggestions are made via way of means of the researcher ,Government ought to enact clean legal guidelines guiding tenancy and tenancy associated agreements to make certain correct courting among landlords and tenants, Landlord ought to make certain that tenants apprehend the agreements while making use of or in search of to hire the residential apartments.

Table of content material

CHAPTER ONE

INTRODUCTION

1.1 BACKGROUND TO THE STUDY

1.2 STATEMENT OF THE PROBLEM

1.three OBJECTIVES OF THE STUDY

1.four RESEARCH QUESTIONS

1.five RESEARCH HYPOTHESIS

1.6 SIGNIFICANCE OF THE STUDY

1.7 SCOPE AND LIMITATION OF THE STUDY

1.eight DEFINITION OF TERMS

CHAPTER TWO

LITERATURE REVIEW

2.zero INTRODUCTION

2.1 Theoretical framework

Tenancy Agreement:

2.1.1 Responsibilities of the Tenant and the Landlord

The tenant:

2.1.2 The Landlord’s Covenants

2.1.three Provided Always and It Is Hereby Agreed as Follows

2.2 Property Management and the Property Manager in Nigeria

2.four Tenants

2.five Landlord-Tenant Relationships and the Tenancy Agreement

2.6 The Rental Housing in Residential housing quarter

2.7 Rental Arrangements

2.eight Policies Which Regulate Rental Housing in African Cities

2.nine Challenges with Rental Housing

2.10 Tenancy Agreement as a Shield in Nigeria

2.eleven Grounds for Ejecting Tenants

Summary of Chapter

CHAPTER THREE

RESEARCH METHODOLOGY

three.zero INTRODUCTION

three.1 RESEARCH DESIGN

three.2 AREA OF STUDY

three.three POPULATION OF THE STUDY

three.four SAMPLE SIZE TECHNIQUE

three.five DATA COLLECTION METHOD

three.6 VALIDITYAND RELIABILITY OF THE RESEARCH INSTRUMENT

three.7 METHOD OF DATA ANALYSIS

three.eight SCORING OF THE RESEARCH INSTRUMENT

three.nine DECISION RULE

CHAPTER FOUR

ANALYSIS OF DATA AND PRESENTATION OF RESULTS

four.1:
Gender distribution

four.2:
Occupational Distribution

CHAPTER FIVESUMMARY OF FINDINGS, CONCLUSION AND RECOMMENDATION

five.1 SUMMARY OF FINDING

five.2 CONCLUSION

five.three RECOMMENDATION

BIBLIOGRAPHY

APPENDIX

QUESTIONNAIRE

chapter One

 

Foreword

1.1 Research background

Maintaining sound landlord-tenant relationships in residential real estate is a prerequisite for social progress and growth. Good tenant-employee relationships, comprehensive lease agreements, and punctual rent payments are prerequisites for a satisfying landlord-tenant relationship. Tenant relationships are generally concerned with preventing and resolving problems related to the residents living on the property. These issues can affect apartment rentals and leases and can lead to disputes if not managed properly (Salleh. 2008). A landlord-tenant relationship can be defined as the relationship that exists between the parties to a lease. It usually occurs when a land owner grants another person, usually by contract, the right to own his land or part of it for a period of time. Such donations are known as rents, deaths, or leases. The period granted is either tenure or years of service.

This relationship is indefinite. That is, the period subject to certain restrictions. Landlords typically grant tenants exclusive ownership rights for a period of time. This is either according to a specified period like an annual lease or an annual lease (Mohd, 2000).

The relationship between tenants and landlords in Nigeria has reached such a critical stage in contemporary Nigerian society that there is a need to know and review the impact of landlord-tenant relationships on residential real estate. Again, it is important to know the circumstances that exist between tenants and landlords of residential premises prior to any legal evaluation of Nigerian tenancy law. More importantly, it is also desirable that each party is aware of the rights guaranteed under the various applicable laws with respect to the subject matter in question. Coexistence is guaranteed. However, this work focuses on the evolution and development of Nigerian tenancy law, with particular reference to the Rent Control and Housing Ordinance, Anambra State Nigeria 1994 Act. It exists between tenants and landlords in Nigeria. It also covers various perspectives related to tenants such as: B. Standard Rent Payable by Lessee, Rent Adjustment Clause, Review Clause Options, Lease Emergency Rent, and Profits. In addition, this course will also examine the compensation available for a tenant’s use and occupation of a derelict building after the tenant’s lease has ended. In addition, in accordance with Schedule II of Rent Management, examine the security of occupancy and the reason for occupancy,

Home Restoration Proclamation, Ifite Act, Anambra State, Nigeria 1994. A tenancy agreement establishes a landlord-tenant relationship, is a transfer of ownership of a property, and is also a contract between the parties. A lease gives a tenant legal ownership of a property in exchange for a “valuable consideration” (i.e. rent) paid to the landlord. Most rental agreements detail the length of the contract, the conditions for extending the contract, and the payment of rent. A lease is both an assignment and a contract, so there are two types of obligations between landlords and tenants.

1.2 Problem Description

 

In most developing countries, including Nigeria, the management of public housing by many property owners, landlords, and custodians results in poor maintenance, high rents, and, in most cases, dissatisfied tenants with their housing units. These factors, along with poor or no rentals between landlords and tenants, contribute to the general decline in public housing (Hegedus & Mark, 2004).

Drafting a comprehensive lease agreement requires the services of a competent attorney who concisely outlines the obligations and responsibilities of both landlords and tenants, which may be ignored or not prepared at all by some landlords. . Without a comprehensive lease agreement, disputes and conflicts can arise between landlords and tenants if one party is dissatisfied with the behavior of the other.

Unfortunately, the dilapidated state of aging public housing also leads to high rates of vandalism, leading to high maintenance costs for residential properties. British researcher Sheena Wilson (1979) notes that it is often difficult to distinguish between willful damage and wear and tear, indifference, neglect and thoughtlessness in public housing. Vandalism in such areas therefore begins with very common negligence such as dumping garbage, ramming strollers against swaying glass doors, shortcutting newly planted flowerbeds, and, for example, deliberately at the point of damage,
Glass breakage from objects lying around, such as rocks from children playing, destroyed fittings, dismantled fire hoses. Due to various factors, these are typical features of social housing.

Previous research has shown that failure to meet relationship commitments can have dramatic consequences. In the case of residential property, binding obligations must be fulfilled by both parties for the proper transfer of title or use from the landlord to the tenant (Basorun, 2012). The size of this bond, called rent on the tenant side, has a big impact on whether it lasts. The landlord is obligated to rent or retain the property. Rent as a determining factor in this relationship can be a constraint, according to a 2011 study conducted by Dele Taiwo Associates, a property management firm with offices across Nigeria.

These factors pose challenges. Challenges such as eviction, denial of legal right to occupy the property in exchange for “value consideration” (i.e., rent) paid to the landlord, can affect landlords and tenants for a variety of reasons. The relationship has been affected because the landlord did not notify the landlord about the renovation or the tenant did not pay the rent on time. Most renters, especially residential properties, ignore their obligation to pay utility bills and other bills because of property occupancy. All of this has had a major impact on landlord-tenant relationships, especially in his Ifite.

1.3 Purpose of the survey

The main purpose of this study is to critically examine the impact of landlord-tenant relationships on home ownership. The specific goals of this research are:

1. Explore how landlord-tenant relationships can improve residential properties in Ife Te Anambra. 2. Consider the factors that hinder the warm relationship between landlords and tenants.

3. Suggest ways to improve landlord-tenant relationships for better housing

1.5 Research hypothesis

 

Ho:
The landlord-tenant relationship does not significantly affect home ownership.

Hi:
The landlord-tenant relationship has a significant impact on residential real estate.

1.6 Importance of research

Public housing is essential and inevitable for low-income people, such as students, to facilitate access to adequate housing, especially in cities and urban areas, but it should not be taken seriously. If the landlord-tenant relationship is well managed, social housing can compensate for the shortcomings of the market-driven housing supply system and create a more inclusive society. Management of public housing may not be practical if rental income and other housing or lease agreements are not properly documented and executed. A functioning rent collection and management system can be an integral part of a responsive policy platform that facilitates the sustainable provision and management of social housing.

Therefore, this research goes a long way toward improving landlord-tenant relationships and provides solutions to most landlord-tenant disagreements and conflicts.

1.7 Research scope and limitations

This study is limited to the impact of landlord-tenant relationships on residential real estate in Ifete, Anambra, using residents of selected dormitories as a case study.

Limitations, timeframes, and financial constraints are usually the main limitations of research studies. Tight academic schedules and financial constraints prevented researchers from covering larger geographic sites. 1.8 Definition of terms

Landlord Tenant:
A landlord is the owner of a house, apartment, condominium, land, or property rented or leased to an individual or business known as a tenant.

rent:
Amount payable by the lessee to the landlord for the use of the landlord’s property.

Rent Debt:
Unpaid rent due by a tenant to the landlord after occupying the landlord’s property.

Economic rent:
The amount paid to the landlord for the use of the property, calculated based on the expected net income after taking into account estimated costs.

Market rent:
Refers to the amount owed by a free market tenant to a landlord,

Build quality:
How well the building features meet applicable regulations and occupant expectations.

Social housing:
Residential accommodation primarily for rental purposes, constructed primarily by government agencies with government intervention. In some countries, states appoint or mandate non-public agencies to provide social housing within certain frameworks to ensure affordability and tenant choice.

Tenant Satisfaction:
The extent to which the tenant perceives and/or is satisfied that their rental housing meets their wants and needs, physical or “soft”, d. H. not physical.

 

Decant point:
A place for communities/residents to temporarily relocate and make way for residential development in an organized manner. References

Bathorn J.O. and Fadairo G. (2012) ― State Issues

Accommodating the Urban Poor with Adekiti in Nigeria” Journal of Sustainable Society Vol. 1, No. 2, 2012, 31-35

Hegedus, J., and Mark, K. (2004). “Tenant Satisfaction with Public

Apartment management:
Budapest in Transition,” Housing Studies, Vol. 9(3), 315.

mode Zulfa Awan (2000). User satisfaction survey and

Environment; Case Study:
Residential Park Permin Jaya, Sendering, Kuala Terengganu:
Master of Science (Housing) Thesis, Universiti Sains Malaysia:
A school for living, building and planning.

Salleh AG (2008). “The Neighborhood Factor in Private Low Cost

I live in Malaysia.” Habitat Int., 32(4):
485-493.

 

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