African Journal of Estate and Property Management

African Journal of Estate and Property Management ISSN: 2756-3308 Vol. 8 (9), pp. 001-010, September, 2021. © International Scholars Journals

Full Length Research Paper

Effect of landlord and tenant relationship on property values in Makurdi metropolis, Benue State, Nigeria

Adamu, Garba1 Ogu, Ukamaka Joy2

Nigerian Army College of Environmental Science and Technology (NACEST), Department of Estate Management and Valuation, Makurdi, Benue State, Nigeria.

Accepted 02 September, 2021 

Abstract

This study evaluated the Effect of Landlord and Tenant Relationship on Property Values in Makurdi Metropolis, Benue State, Nigeria. A sample of 158 respondents was used and information was obtained by the use of a structured questionnaire. The data obtained were analyzed using multiple regression analysis while the hypotheses of the study was tested using the probability value of the regression estimate. The result of the study indicates that rent default (RTD) and tenant eviction (TEV) both have negative effects on property values (PPV) in Makurdi Metropolis Benue State, Nigeria and the effects are statistically significant (p<0.05) and in line with a priori expectation. However, property damage has a positive effect on property values (PPV) in Makurdi Metropolis Benue State and the effect is not statistically significant (p>0.05) and not in line with a priori expectation. It was concluded that maintaining healthy landlord-tenant relationship in a residential property is a pre-requisite for societal advancement and growth. It was recommended among others that eviction can be avoided if communication is improved between the tenant and the landlord on any area of conflicts identified by both parties to the lease.

Keywords: Landlord, Tenant, Default, Property, Eviction, Benue, Nigeria