NEW LEGAL PROCESS INVOLVED IN REGISTRATION OF PROPERTY IN KENYA.

Initially, The Ministry of lands and physical planning had nine steps involved in registration of new property. It was then simplified into three legal processes in order to make registration of property easy which was formerly tiresome. The three new legal steps include:

Step 1: Procuring land rent clearance and consent transfer.

This stage involves Procuring land rent clearance certificate and consent to transfer. Requirements needed in procuring and land rent clearance certificate are; Dully filled application forms, copy of titles and land lastly, land rent payment receipts for current year of payments made through RTGs and itax transfer.

Under consent to transfer, the following are required: a copy of title and duly filled application forms, application letter from registered owners/authorized agent or even advocate. Maximum of five days is taken to conclude this stage.

Step 2 : Valuation Requisition.

Site visitation and report writing falls here. The stage is expected to be completed within a period of three days. Application for valuation form duly filled, copy of title, original transfer instrument duly executed and survey plan or map of location are the requirements needed here.

Step 3 : Title registration.

It is here that we have registration of title to land and other instruments. A period of four days is given in order to complete title registration. Requirements are: Application form for registration and fee, original title document, original stamp duty payment receipt, Duly executed transfer/ lease/ charge instrument/ inhibition and any other instrument in triplicate, Certified copies of K.R.A pin certificate, Identification Card or CR 12 for companies.

In summary, the whole three new process is estimated to a total of twelve days (barely two weeks) cumulatively to finalize. On the contrary, the former former nine steps took approximately seventy three days which was tedious to the Real estate investors. The three new legal processes is a great initiative by the government and will soon be implemented.

👉FIND PROPERTY IN UASIN GISHU COUNTY, TRANSZOIA COUNTY, BARINGO COUNTY AND KAKAMEGA COUNTY;

CONTACT : BAORIAT AGENCIES,

ELDORET

TEL : 0721-554-937.

Comments

Major Streets in Eldoret Town – Perfect for Mega Investments

If you are looking for a place to put your investment in around Eldoret town, then consider the Central Business District (CBD). With the growing population that is pushing the expansion of Eldoret town – which is currently an economic, education, sports, health and a transport hub for at least 23 counties in the North Rift region and Western Kenya, this Uasin Gishu’s capital is the best bet for your investment. The Eldoret CBD is comprised of FOUR major streets where you can be sure your investment of whatever kind will give you maximum returns. Here are the four major streets in Eldoret CBD: Ronald Ngala Street When you are coming into Eldoret town from Nairobi through Nakuru Highway, this is the first street you will come across as you enter the CBD. Just at the start of Ronald Ngala Street is the iconic Barng’etuny plaza – one of the oldest buildings in the town. Opposite it is several banks including Bank of Africa, Sidian Bank and Cooperative Bank. Other key fac...

How Women Can Protect Their Property Rights After Marriage

They say property has no gender, but history shows a different reality, where property ownership has favoured men. This inequality is still evident, especially when it comes to inheritance after the death of a spouse. Even though Kenya’s 2010 Constitution guarantees equal rights for men and women, many women still struggle to secure their rights to property. So, how can women make sure their rights are respected after marriage? Baoriat Agencies explains six key ways to ensure fair property distribution in case of death or separation. 1. Registering Jointly Owned Property When a couple buys property together, it’s important to register it under both names. This guarantees that the other automatically inherits the property if one partner dies. Make sure both names are clearly listed on the title deed as co-owners. 2. Joint Tenancy or Tenancy-in-Common There are two ways to share property: Joint tenancy : If one partner dies, the other automatically becomes the sole owner. Tena...

List of Popular Gated Community Estates in Eldoret Town

Eldoret town is home to over 10 residential estates that house all types of people – from the lower class to the affluent. Some of the popular estates include Kapsoya, Langas, Kimumu, Huruma and Annex among many others while there are several other upcoming residential estates like Juniorrate, Action and Pioneer which are not yet fully developed. Apart from the above-mentioned estates, we also have several gated estates, accommodating the rich and affluent in Eldoret. Also Read: List of Estates within Eldoret Municipality A gated community is a form of residential community or housing estate containing strictly controlled entrances for pedestrians, bicycles, and automobiles, and often characterized by a closed perimeter of walls and fences. We take at some of the popular ones in Eldoret town, most of which house the affluent. Kenmsosa Village This is a gated community estate that houses not only residential homes but also has a resort. Kenmosa village ...

Baoriat Real Estate Limited

Search This Blog