Amid rent defaults, estate agencies adopt diligent standards for tenants
Emmanuel Okas Wike, NIESV President As businesses begin to emerge from the COVID-19 crisis, many of those whose operations were significantly impaired are facing rent defaults, which piled up while they were temporarily closed. Similarly, residential tenants in the highbrow and high-density areas that suffered setback in their businesses or got laid-off by their employees are also having hard times in paying their rents. Artisans and self-employed individuals are also affected. These have prompted property owners to make hard choices on the type of tenants to be assigned their property by ado...
Source: guardian.ng