Legal Checks Before Buying Property in Kenya
Legal Checks Before Buying Property in Kenya Legal Checks Before Buying Property in Kenya are essential for safeguarding your investment and avoiding fraudulent transactions, disputed ownership, and hidden encumbrances. The Kenyan real estate market is one of Africa’s most vibrant and rapidly growing sectors, attracting local and diaspora investors alike. However, with opportunity comes risk […]
WHAT IS SERVICE CHARGE?
How Can a Management Company Increase the Service Charge in Nairobi or Kenya? Under Section 255 of the Companies Act, 2015, members of a company can pass resolutions either as written resolutions or at a meeting of the members. This means that in Nairobi or other parts of Kenya, a Management Company can increase the […]
WHAT IS THE LAWFUL PROCEDURE FOR A LENDER TO SELL YOUR PROPERTY IN CASE YOU DEFAULT IN LOAN PAYMENTS?
The Legal Procedure for Lenders to Sell Property in Case of Loan Default in Kenya In Kenya, many borrowers secure loans from banks and financial institutions by offering their property, particularly land, as collateral. This collateral is legally known as a “charge” on the property. Unfortunately, borrowers often default on loan repayments, leading to the […]