Understanding Management Companies in Sectional Developments: Roles, Powers & Legal Limits
Understanding Management Companies in Sectional Developments: Roles, Powers & Legal Limits As apartment living and gated communities become more common in Kenya—particularly in Nairobi, Mombasa, and other urban centers—the demand for well-structured property management continues to grow. The Sectional Properties Act, 2020 provides a legal framework for managing shared spaces in developments through Corporations (Bodies […]
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 […]