Just In: Lagos Government To Crack Down On Unregistered Real Estate Agents (Full Details)

Just In: Lagos Government To Crack Down On Unregistered Real Estate Agents (Full Details)

During a recent 2024 Ministerial Press Briefing, Lagos State Commissioner for Housing, Moruf Akinderu-Fatai, announced the state government’s determination to clamp down on unregistered individuals and organizations involved in real estate activities.

Read Also: https://ireporteronline.com.ng/blog/just-in-lagos-government-to-crack-down-on-unregistered-real-estate-agents-full-details/

Akinderu-Fatai emphasized that illegal real estate agents would face legal consequences for failing to comply with the registration requirements of the Lagos State Real Estate Regulatory Authority (LASRERA). This action, he stated, aims to maintain integrity and ensure fraud-free real estate business in the state.

The Commissioner advised residents of the state to be cautious when dealing with real estate agents, urging them to verify the registration status of agents to avoid falling victim to fraudulent practices.

He further warned, “It is an offence for individuals and organizations to engage in real estate business in Lagos State without being registered with LASRERA. Let us act responsibly and abide by the law.

Published By: Destiny.Jnr