IMPACT OF RENT DEFAULT ON PROPERTY MANAGEMENT IN GOLD-COAST ROAD, SABON GARI, KANO STATE)

This study examines the multifaceted impact of rent default on property management, using Gold Coast Road, in Sabon Gari, Kano State, as a case study. The research adopted a descriptive survey design and collected data through structured questionnaires and in-depth interviews with property managers, landlords, and tenants. This study examines the intricate relationship between rent default and property management efficacy within the high-stakes environment of Gold Coast Road, Sabon Gari, Kano, an area characterized by high property values and intensive service demands. Using a case study approach, the research aims to achieve three core objectives: 1) to examine the causes of default in rent payment in Gold Coast Road; 2) to investigate the consequences of rent default on property management operations; and 3) to assess the methods of rent recovery utilized by property managers in the area. The study concludes that sustainable property management in this demanding urban context requires robust tenant screening, proactive financial contingency planning, and standardized, legally enforceable recovery procedures to mitigate the disruptive impact of rent default Preliminary findings suggest that the causes of default are multifaceted, encompassing macroeconomic instability, tenant financial indiscipline, and managerial deficiencies such as poor vetting procedures (Adesina & Babalola, 2020). Furthermore, the recovery methods employed often oscillate between informal negotiation and lengthy, cumbersome legal processes, highlighting a gap between desirable and practical recovery strategies (Folarin, 2019). The study concludes that sustainable property management in this demanding urban context requires robust tenant screening, proactive financial contingency planning, and standardized, legally enforceable recovery procedures to mitigate the disruptive impact of rent default