EVALUATION OF THE PROBLEMS OF RENT COLLECTION AS AN ASPECT OF PROPERTY MANAGEMENT

EVALUATION OF THE PROBLEMS OF RENT COLLECTION AS AN ASPECT OF PROPERTY MANAGEMENT

ABSTRACT

Rent is a periodic payment made to an owner of a property for the use of such property. This payment is on the increase n modern times due to several factors which includes increase in the price of goods, inflation and greed on the part of landlords. Similarly, the collection of rent is limited by a lot of problems which often results to rifts between landlords and tenants. However, these problems of rent collection can be solved successfully, thereby promoting a cordial landlord –tenant relationship. This study therefore seeks to achieve this by identifying the problems of rent collection in residential properties in Enugu, and make recommendations on how to solve these problems. The government have put up measures to help ensure that the process of rent collection is less cumbersome. These measures have come in form of rent control edicts and recovery of premises edicts, as well as the setting up of rent tribunals. These laws have been adopted by various states of the federation, and modified to address the problems of rent collection peculiar to their state. States such as Cross-River, Kwara, Anambra and Lagos State have done this. These laws will be reviewed in this study, in order to arrive at a better understanding of how these laws can be used to address the problems of rent collection in residential properties in Enugu metropolis. Three neighbourhoods have been selected for this study. They include: new Haven, Obiagu and Achara Layout all in Enugu metropolis.

TABLE OF CONTENTS

Title page ii

Approval page iii

Dedication iv

Acknowledgement v

Abstract      vi

Table of Contents xi

CHAPTER ONE: INTRODUCTION

1.1 Background of the study 1

1.2 Statement of Problems 5

1.3 Objective of Study 8

1.4 Research Questions 9

1.5 Significance of study      10

1.6 Scope of the Study      11

1.7 Limitation of the Study      12

1.8 Overview of the Study      14

CHAPTER TWO:

LITERATURE REVIEW

2.0 Introduction 16

2.1 Conceptional Framework 16

2.2 Summary of Review Literature 24

Reference 

CHAPTER THREE: RESEARCH METHODOLOGY OR DESIGN

3.1 Research Design 36

3.2 Re-Statement of the Problem 37

3.3 Brief Description of the Study 37

3.4 Population of the Study 43

3.5 Sample Size and Sample Techniques 45

3.6 Source of Data 46

3.7 Instrument of Data Collection 48

3.8 Method of Data Presentation and Analysis 49

Reference      80

CHAPTER FOUR: PRESENTATION AND ANALYSIS OF DATA

Data Presentation and Analysis 52

4.1 Introduction 52

4.2 Discussion of Findings 66

CHAPTER FIVE: DISCUSSION AND CONCLUSION OR RESULTS 

5.1 Summary of Findings 69

5.2 Conclusion 70

5.3 Recommendations 70

5.4 Suggestion for further Research 73

Appendix 

Questionnaire