The Land Amendment Bill number 2 of 2023 is stirring up quite the controversy! This bill proposes to shake things up by making freehold land owners pay an annual land levy. That's right, folks - no more free rides for those who enjoy perpetual ownership and can do whatever they please with their land. If this bill passes, the Land Act 2012 will be amended to include a new section that requires freehold...
Riparian land is land adjacent to an ocean, lake, sea, river, dam or water course. Over the last few weeks, the Government has embarked on demolishing buildings and structures in Nairobi that have been built on or close to a river. In recent years, the city’s rivers have been flooding due to several factors, including urbanisation and the rise of river side developments. Private land which has a river...
A marriage partner is not automatically entitled to a half of the couple's property in case of divorce. This is according to the Court of Appeal, which last week ruled that a case in which a woman had been awarded 50 per cent of property in Kenya and the UK, be heard afresh. Three judges said it was erroneous for Justice William Musyoka of the High Court to assume and hold that the Constitution...
Section 97 of the Land Act 2012 requires banks to exercise duty of care on reposed properties and empowers defaulters to sue if their assets are sold off cheaply. Chargee’s power of sale The Act already provided that where a chargee exercises the power of sale by private contract, the sale must be at the market value and where the power is exercised by public auction, it must be at the best price...
Truphosa Modi first saw the post on buying land in a Facebook investment group she subscribes to.Members of the group were talking about the best financial decisions to make before one hits 30. The members were unanimous in their decision: “Buy land and watch it appreciate”. They were sharing their experiences on places outside Nairobi where people with low income jobs have saved and bought land....
There’s a reason nearly high-end property sellers use a reputable listing agent: Selling land or a house takes time, knowledge of neighborhood trends, and negotiating skills. So while eliminating the agent’s commission of the sale price, on average—sounds mighty tempting, try to resist. The agent’s chief tasks are to help set the right price and then get buyers in the door. Agents have access...
Application to correct names in the register is permissible where there is a spelling mistake, which makes the name differ from the one on the national identification document. It is also permissible where a proprietor has acquired an additional name to previous ones. To commence the process of correction of name, the proprietor must get a letter from the local administration stating that the names are...
Compare listings
Compare