Section 5

-(1) As from the commencement of this Law, all landlords shall upon payment of rent by the tenants, be obliged to issue
a rent payment receipt to their tenants in respect of such payments.
(2) The receipt shall state the –
(a) date on which rent was received;
(b) Names and addresses of the landlord and the tenant;
(c) description and location of premises in respect of which the rent is paid;
(d) Amount of rent paid; and
(e) Period to which the payment relates.
(3) Any landlord who fails to issue a rent payment receipt to his tenant as prescribed under this Section shall be
liable on conviction to a fine of One Hundred Thousand Naira (N100, 000. 00