Yes we do.
They are freehold.
Yes we offer flexible payment options customized to client needs.
Yes we do.
They are freehold.
Yes we offer flexible payment options customized to client needs.
Yes, we have negotiated with Equity bank to provide financing solutions to those clients who would like to access them.
Most real estate professionals warn individuals against paying the viewing fee before setting their eyes on the property. But before one agrees to purchase land, viewing is part of the process which involves getting the exact measurements and getting to know more about the location.
In most cases, a buyer is charged up to Ksh2,000 non-refundable depending on the real estate agent overseeing the sale of the property.
"A majority of the real estate, ours too, do not charge but only oversee all the aforementioned charges which are normal and procedural in land dealings.
"The charge familiar with real estate agencies is the land or plot viewing fee, charged when you express interest to go and view a plot of land before purchasing. Some companies charge Ksh500 or Ksh1,000 which is non-refundable. We offer free site visit.
For any land or property transaction to take place, a lawyer must be present to witness the deal. Their presence in that process attracts some legal fees which the buyer is expected to pay.
In Kenya, the Advocates Remuneration Order states that the minimum amount to be paid to any lawyer undertaking such a process is Ksh35,000.
This fee varies with law firms and the value of the property being purchased. A lawyer's role in the process involves conducting due diligence on the land before and after the transaction.
The lawyer's role is also instrumental after the commissioner's office gives the buyer approval and transfer papers are supposed to be prepared.
"The lawyer's fee is guided by the law. One cannot overcharge or charge below the stipulated amount. The figure starts at Ksh35,000 but it varies depending on the value of the property,"
"This enables a legal practitioner to do all the due diligence to ensure that a client buys the right property and gets all the required documents."
For one to establish that the land is legit and is registered under the real owner, a property search has to be carried out. This includes previous legal fees linked with the land.
Through the online platform, eCitizen, the property search is usually Ksh500. Before this process, a buyer usually meets with the Land Control Board (LCB). These meetings require a facilitation fee of Ksh1000.
Alternatively, a land buyer can book another meeting with a Special Land Control Board that is made up of the Assistant County Commissioner and the two transaction parties. The facilitation for these meetings cost Ksh5000
After the transaction is completely done, a duty fee is levied on all the transactions. The amount levied at this stage varies depending on different locations and the price of the property.
In the area where our plots for sale are located, 2 per cent is levied for land and property.
The buyer is required to apply for valuation of the land by the government valuer
The lands office use the valuation to compute the stamp duty payable
This fee is paid to the land Registry for purposes of making entry into the registry and title printing costs. This is roughly around Ksh500 to Ksh 1000
This is usually written permission of the relevant authority, the property owner or any other interested party that okays the transaction of property which is mandatory according to land and property laws.
Consents vary depending on the tenure of the land. The consent include, Land Control Board Consent or Consent to Transfer from the Lessor
A fee of Ksh1000 is applicable to transfer from the commissioner of lands that is paid by the land buyer.
This is the process of analysing the property to determine its market value. This is essential as it is used to inform the calculating taxes, sale value, or even leasing value.
Plots within the municipal council administrative unit charge Ksh1,000