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The Lagos State Commissioner for Housing, Moruf Akinderu-Fatai has warned that the State Government would clamp down on unregistered individuals and organisations engaging in real estate activities in the state.
Speaking at the 2024 Ministerial Press Briefing, Akinderu-Fatai warned that illegal real estate agents will face legal consequences for non-compliance with the Lagos State Real Estate Regulatory Authority registration requirements.
He said the warning became imperative to instill sanity and ensure fraud-free real estate business in the state.
He advised state residents to be mindful of real estate agents they do business with to avoid falling victim to fake and dubious estate agents.
“I want to seize this opportunity to raise awareness on the need for residents not to fall victim to fake and dubious Estate agents and to patronise the registered real estate individuals and organisations,” he declared.