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Property owners please assist
harrydre
#21 Posted : Thursday, August 07, 2014 6:18:41 PM
Rank: Elder

Joined: 7/10/2008
Posts: 9,131
Location: Kanjo
Motomoto
#22 Posted : Thursday, August 07, 2014 6:54:21 PM
Rank: Member

Joined: 11/18/2010
Posts: 503
Location: Kenya
What is the payment schedule in acquiring land in Kenya...From sale agreement to getting the title deed. What are the percentages?
Swenani
#23 Posted : Thursday, August 07, 2014 8:38:14 PM
Rank: User

Joined: 8/15/2013
Posts: 13,237
Location: Vacuum
Impunity wrote:
@Terryanne Chebet, the blonde is a wazuan.
last evening at prime time on CORD-tv he brought to discussion exactly the same topic.
Nimeshangaa!

Think Think Think


Terryanne chebet=Mwende or Julie
If Obiero did it, Who Am I?
xyzee
#24 Posted : Thursday, August 07, 2014 10:21:35 PM
Rank: Veteran

Joined: 1/9/2009
Posts: 1,262
Motomoto wrote:
What is the payment schedule in acquiring land in Kenya...From sale agreement to getting the title deed. What are the percentages?



search 100

legal fee as per scale but you can do it yourself

stamp duty on transfer 4% urban 2% mashinani
% of based on sale price or government valuation of land in that area whichever is higher

special consent to transfer 10000 done by local DC/DO

normal consent cheaper but hectic you have to book and appear before land control board

stamp duty on charge if on loan 0.2% urban 0.1% mashinani


Motomoto
#25 Posted : Friday, August 08, 2014 7:45:00 AM
Rank: Member

Joined: 11/18/2010
Posts: 503
Location: Kenya
@xyzee....thank you so much. But what about payment of the land itself. How much should I pay at signing of the sale agreement until I get the title. Is it 10%?
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