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WHAT ARE FORMS OF PROPERTY FRAUD IN KENYA?

Over the years, property fraud in Kenya has been rampant. Property fraud is defined as the act of stealing property. For instance, a fraudster could forge a document to convince a mortgage lender that he or she owns the property and mortgage your property without your knowledge . One of the primary elements that heavily affects property buyers and property owners as well is property fraud. It’s time that we should all be aware of different forms of property fraud and learn how to prevent being victims of this kind of evil that is in real estate industry. These forms of property fraud are; Foreclosure relief (Foreclosure fraud) Foreclosure fraud/ relief happens when a property buyer experiences difficulties in making mortgage payments. To exemplify; a fraudster approaches a property owner with issues concerning his or her mortgage payment. Afterwards, he goes extra miles and offers loans and monthly payment schedule that is relatively at a lower price for the transfer of the propert...

LAND TRANSFER IN KENYA.

Agricultural land in Kenya. It is a dream of every person in Kenya to own a piece of land. Majority of the people don’t know how to make it happen. Baoriat Agencies can help you achieve this dream. We have experience of doing this not forgetting that we strive to develop long-lasting relationships that are built on trust with our customers. We do not compromise on our reputation, values, or ethics to get results. Below are the five stages involved in land transfer in Kenya: STEP 1: LAND SEARCH. Land search is the first step for any land transaction. A search is a document issued by the land registry showing the owner of the land, land’s size, location of the land, encumbrances (a claim or liability against real estate including liens, easements encroachments or licenses) and restrictions. It takes one day to get and costs Kenya Shillings 2,500 only. STEP 2: ACQUIRE LAND TRANSFER DOCUMENTS. Involves contacting a lawyer to facilitate obtain and notarize the land transfer documents....