“What is Ground Rent, Who Should Pay and Who Should Collect It”.

“What is Ground Rent, Who Should Pay and Who Should Collect It”. GROUND RENT is tax charged and collected by a State Government on a land (both developed or undeveloped) having a certificate of occupancy. It is to be paid by a land owner (holder of a certificate of occupancy) within a given period. Ground Rent calculations by a state government is not affected by improvements, developments and structures built on land. State Governor can reduce or waive ground rent on a given land for public interest. My authorities: sections 10, 16 and 17 of the Land Use Act. #DailyLawTips #SabiLaw #LearnNigerianLaws To receive our Daily Law Tips for free follow our Facebook page, Twitter, Instagram and YouTube via “@LearnNigerianLaws”. Powered by www.LearnNigerianLaws.com]]>

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