Security Deposit Rules in Nigeria: How Much is Legal?
What's a caution fee? What's a security deposit? What's legal, what's excessive, and how do you get it back when you leave?
There is no single national cap on caution deposits, but one to two months is common market practice.
At move-in
Document condition thoroughly. Deposits get disputed when move-in state is unclear.
At move-out
Give proper notice per your agreement. Request joint inspection. Fix agreed items or negotiate costs.
If withheld unfairly
Send a formal letter with photos and your move-in video. Many disputes settle once landlords see dated evidence.
Published by Keyda — Nigeria's verified rental platform.
This article is general information only and is not legal advice. For specific situations, consult a qualified property lawyer in Nigeria.
Chidi Okonkwo
Property Law Editor
Contributing editor at Keyda, Nigeria's verified rental and property management platform.
