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HomeReal EstateWhy do most local landlords treat property as personal income rather than business?

Why do most local landlords treat property as personal income rather than business?

A property expert has charged that the majority of residential and commercial property owners in the country are not well acquainted with the business practices of the property market. This has deprived many of establishing long-term clients and earning income that can ultimately lead to business expansion.  Speaking in an interview with the Zambian Business Times – ZBT, Landlords and Tenants Information Referral Centre (LTIRC) Director Roban Muke also observed that most of them are also aware of the contents of the laws that govern the property sector including the Lands Act, Rent Act and the Landlords and Tenants (Business...

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