Property transaction fees explained

Agency, legal, caution deposits, and service charges commonly paid in Lagos deals.

Typical Lagos fees

Agency fee - often around one month for rentals; confirm who pays.
Legal / agreement - tenancy agreement drafting and advisory.
Caution / security deposit - usually refundable if exit conditions are met.
Service charge - estate security, cleaning, generator diesel where applicable.

Ask for a written fee schedule before transferring funds. NaijaProp agents flag unusual demands early.