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Author: brains123

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The Benefits of Compliance in Real Estate: Safeguarding Against Money Laundering and Terrorism Financing The Benefits of Compliance in Real Estate: Safeguarding Against Money Laundering and Terrorism Financing

Compliance with anti-money laundering (AML) and counter-terrorism financing (CTF) regulations is crucial in the real estate industry to protect against illicit activities. This article highlights the importance of compliance in real estate and the benefits it brings to both companies and stakeholders involved.

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Forging Positive Landlord-Tenant Relationships in Nigeria

Landlords have certain rights and responsibilities that are governed by the law. For example, you have the right to collect rent, evict tenants for non-payment or breach of contract, and inspect your property for damages. You also have the responsibility to provide a habitable and safe environment for your tenants, maintain and repair your property, and respect your tenants’ privacy and quiet enjoyment.

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Industrial Market Review

The industrial market has remained resilient across Africa, supported by different government initiatives to boost the sector. Some of these initiatives include a reduction in land acquisition costs and investments geared towards improving transport and energy infrastructure, as is the case in Egypt. In general, inadequate or poor transport and energy infrastructure continue to act as a significant drag on the expansion of the sector.

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Local Solutions to Infrastructure Deficit

Dr. Elizabeth Eterigho, the President of the Association of Professional Women Engineers of Nigeria (APWEN), has emphasized the need for governments at all levels to focus on local solutions to the infrastructure deficit in Africa, creating jobs for communities and promoting sustainability.

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