Resida
For property owners & agents

Host Policy

Last updated: April 2026

Standards and obligations for all property owners and agents listing on the Resida platform.

Key commitments at a glance

Keep listings accurate and up to date

Respond to maintenance within 48 hours

Never cancel confirmed bookings without cause

All payments processed within Resida

No hidden fees — pricing must match listing

Legal right to list must be verified

1. Payment terms

  • Platform fees are deducted automatically from rent payments before disbursement to your balance.

  • The Resida infrastructure fee is disclosed in your owner/agent dashboard and updated with 30 days' notice.

  • Payouts are processed on the rent received date or scheduled auto-deduction date, subject to bank settlement.

  • Hosts are responsible for all applicable taxes on rental income under Nigerian tax law.

2. Cancellation policy

  • Once a long-term lease is confirmed and first payments received, cancellation by the host without valid cause is not permitted.

  • Hosts may not cancel a confirmed shortlet booking within 7 days of check-in except in genuine, documented emergencies.

  • Repeated cancellations without valid cause will result in listing demotion, suspension, or permanent removal.

  • Resida reserves the right to determine reasonable cause and may request supporting documentation.

3. Host responsibilities

  • All listed properties must be in safe, habitable condition meeting applicable Lagos State regulations.

  • Accurate and complete descriptions, photos, and pricing must be maintained at all times.

  • Respond to tenant maintenance requests within 48 hours; resolve critical issues (plumbing, electrical, security) within 72 hours.

  • Hosts fund repairs unless damage is caused by tenant negligence.

  • All listed amenities must be functional and available as described.

4. Guest and tenant interaction

  • Hosts must not pressure or incentivise tenants to cancel bookings made through the Platform.

  • All communication regarding Resida-managed leases should occur within the Platform chat for audit purposes.

  • Discrimination on the basis of religion, ethnicity, gender, or disability is grounds for immediate account termination.

  • Hosts must not collect payments from tenants outside Resida for services covered by the lease or booking.

5. Listing accuracy

  • All property details — unit count, floor plan, amenities, pricing — must be accurate and current.

  • Photos must represent the actual current state of the property. Misleading or outdated images are prohibited.

  • Unit availability status must be updated promptly. Listing an occupied unit as available is a policy violation.

  • Pricing displayed on the Platform must match the price charged. Hidden fees are not permitted.

6. Legal compliance

  • Hosts warrant they have the legal right to lease or sublease the listed property.

  • Properties must comply with the Lagos State Tenancy Law 2011 and all applicable regulations.

  • Shortlet hosts in managed estates must ensure estate rules permit short-stay rental activity.

  • Resida may request proof of ownership or agency agreement at any time.

7. Prohibited activities

  • Listing properties you do not own or are not authorised to lease.

  • Creating multiple listings for the same unit to manipulate search results.

  • Accepting payment for bookings that are not honoured.

  • Using Resida to source tenants and then directing them to pay outside the Platform.

8. Property damage and liability

  • Hosts are responsible for maintaining adequate insurance for their properties.

  • Resida does not provide property insurance and is not liable for tenant-caused damage.

  • Resida will assist in facilitating security deposit deduction processes given documented evidence.

  • Document property condition before each tenancy with dated photographs stored in the Platform.

9. Platform fees and charges

  • The Resida fee covers: listing visibility, KYC verification, payment processing, payment infrastructure, maintenance management, and support.

  • Optional premium features (boosted listings, ad campaigns) are always opt-in.

  • Fee schedules are available in your dashboard at all times.

10. Account suspension and termination

  • Resida may suspend or permanently remove any listing or host account that violates this policy.

  • Hosts are notified and given an opportunity to respond, except in cases of fraud or immediate harm.

  • Appeals may be submitted to compliance@resida.app within 14 days of suspension notice.

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