Tenants - landlord relationship is never known to be blissful. It is usually an icy union filled with trickery and suspicion. Sometimes it turns quite nasty like the case of a tenant who beat up his landlord when he knocked on his door at midnight demanding rent . In estates around the country you will hear of mounting concerns on unexplained fees charged landlords. Security Fees This is a big...
Land literacy
PRE -INQUIRY • Request; The NLC receives a request for acquisition from the acquiring body through the respective Cabinet Secretary or County Executive member. The land should be acquired for public purposes or in public interest. . • Verification meeting; Before gazettement, the NLC will request for a verification meeting with the acquiring body (the body that wants the land). In this meeting,...
There’s a perception that with real estate, one can never go wrong. Many people with spare money to invest fancy property because of its (perceived) hands-off approach when it comes to management. This enables them to engage in other activities while passively earning additional income from their property investments. The sharp increase in the price of land has played the leading role in attracting...
In the absence of corruption the total round-trip transactions cost would be around 4.76% to 6.76%, inclusive of the 1.25% real estate agent’s commission. The whole process for the titling of the property can typically be completed in around 72 days. Real estate transactions are normally quoted and concluded in Kenyan Shillings (KES). TRANSACTION COSTS Who...
Buy/sell freehold land Buyer get seller's copy of title deed Conduct an official land search at district/county land offices to confirm ownership Results will be issued by a registrar using the form Obtain survey map using title deed number at the survey of Kenya office to indicate property location Visit the property to confirm its existence and carry out due diligence Get land rates...
WHAT ARE THE SPECIFIC RIGHTS AS THEY RELATE TO MINORITY GROUPS? • Right to participate in economic activities in the country • Right to preserve their cultural way of life in line with article 11 of the Constitution • Right to representation in land governance institutions and participation in land related decision making processes. • Right of access to the shore lines of lakes and rivers...
Renting out vacant land has been a practice that’s been in use for centuries. Land has always been a valuable asset, and renting the land out offers ample opportunities to make money. You can rent vacant land in one of two ways: Develop the land. Rent the vacant, raw land. I'm going to be discussing renting the raw land. Renting vacant land can be done in a variety of ways: Event...
1. WHAT IS A “COMMUNITY” ? A Community is a group of people with common ancestry, culture, language or similar interests (Community of interests). 2. WHAT IS “COMMUNITY OF INTERESTS” ? This is group of people enjoying common rights, privileges, interests or living in the same place. 3. WHAT ARE CUSTOMARY LAND RIGHTS? They are rights derived from customary law, customs or...
From a legal perspective, you do not need to hire a lawyer when you purchase or sell land or property. In fact, you do not even have to involve anyone else as you can draw up an agreement directly with the other party involved in the transaction. However, hiring a lawyer who is experienced in real estate matters does provide some benefits and could help you to avoid running into legal issues related to the...
If you buy an apartment would will acquire a sectional title. To fully understand the differences between sectional title and traditional freehold property ownership, here is a definition: Freehold or full title is the transfer of full ownership rights when you own a property, which includes the building and the land it is built on. These kinds of properties include free-standing houses, cluster houses...
What is intestate succession? Intestate succession is where a person dies without having made a will or the will is invalidated. How is intestate succession done? There are various things that are considered when one dies intestate. Below is what is considered. If you're married and have children Your surviving spouse shall be entitled to personal and household effects absolutely....
Where most Kenyans living in diaspora are buying land in Kenya Statistics show that over three million Kenyans live in diaspora, a good number of them are looking forward to settle back in Kenya upon retirement. The real estate industry in Kenya has grown exponentially and below are top 5 areas where majority of Kenyans who are living in diaspora are investing in land in Kenya. Ngong The...
There was a story this week on Daily Nation about how people's homes are being auctioned. The auctioneer says that some homes are being auctioned after someone has paid mortgage for 15 years. He says that such people die shortly after the ordeal. This is why we urge people to think carefully before joining the home ownership by whatever means bandwagon. The main reason why the desire to...
National Land Information Management System (NLIMS), also known as ArdhiSasa,benefits is the quick access to digital land records. Land searches can now be conducted anywhere in the world on internet-enabled devices. This drastically reduces the time spent on manual land searches that used to be done in Ministry of Lands offices. Here are the steps to take when conducting a land search...
Land Fraud Unit under Investigation Branch of the Directorate of Criminal Investigations deals with fraud matters regarding land, to establish if genuinely acquired or through fraud. FUNCTION • Dispute of boundaries • Removal of beacons • Cases of trespass • Denied access to property Land fraud cases are formally reported to the Public Complaints. The complainant...
Vacant land can become an income producing asset. Land is valuable, and while land may be most valuable when a structure is built on it, this doesn't mean it can start producing income for you now. We're going to explore a few business ideas for vacant land that owners can implement to make money off of their property. Vacant land can help you start earning money in several ways. Of course,...
Land survey A land survey involves locating and measuring both man-made and natural features using the principles of mathematics, geometry, and other sciences. By using various tools, a land surveyor can measure things such as elevation, angles, and boundaries on a property. Boundary survey A boundary survey is used to locate the corners and boundary lines of a parcel of land. This type...
A title deed is a legal document constituting evidence of a right, especially to ownership of property especially land. It is important to replace a lost title deed since rogue individuals may fake your ID and KRA pin using the name written on your title to effect illegal transfer of the land. They can even use your title deed as a collateral to obtain a loan. Therefore, once you misplace this...
WHY BOTHER WITH SUCCESSION? As an owner of a beneficial interest in the land property, you can be part of making decisions involving the property, including how it is used and developed, and get a share of any income that is distributed from the property. WHAT IS INTESTATE SUCCESSION? Intestate succession is where there is no will left by the deceased. It applies where the deceased has...
This is a regional guide to show the construction cost of a residential building in Africa, breaking it down into the North, East, South, Central and West of Africa…Look at what region is the most expensive to build. West Africa is the most expensive per square metre when it comes to constructing a residential building in Africa. It shows that the cost of materials like iron rods and cement are...