The Lagos State government has announced plans to introduce a new tenancy law designed to curb arbitrary rent increases, illegal charges, and other exploitative practices in the real estate sector. The State Commissioner for Housing, Moruf Akinderu-Fatai, disclosed this during the 2026 Ministerial Press Briefing held in Alausa, Ikeja.
Proposed Legislation Aims to Address Growing Concerns
According to Akinderu-Fatai, the proposed legislation, currently before the Lagos State House of Assembly, is intended to address growing concerns over excessive rent hikes, arbitrary agency fees, and fraudulent practices by unregistered estate agents operating in the state. The tenancy bill is presently at the committee stage in the House of Assembly and is expected to introduce major reforms capable of sanitising the housing and real estate sector in Lagos.
Key Provisions of the Bill
One of the key provisions of the proposed law would make it mandatory for all estate agents operating in Lagos to register with the Lagos State Real Estate Regulatory Authority (LASRERA). Operating without registration would become a punishable offence once the bill becomes law. Akinderu-Fatai said the move was aimed at tackling the activities of unregistered agents accused of exploiting tenants through excessive charges, multiple sales of properties, and other fraudulent transactions.
The proposed law would also fast-track tenancy disputes through the introduction of weekend and public holiday sittings for tenancy-related matters. When passed, the law would apply across all parts of Lagos State without exemption. Additionally, tenants seeking legal action against landlords would be required to provide proof of rent payments and updated utility bills before initiating court proceedings.
Expected Impact on the Real Estate Sector
The bill is expected to bring significant reforms to the real estate sector, providing greater protection for tenants and ensuring that estate agents operate transparently and professionally. The Lagos State government aims to create a more balanced and fair housing market through these measures.
