Dodging costly mistakes on Ardhisasa; Essential insights for everyone navigating Kenya’s digital land registry. Click here to download.
Ardhisasa Made Easy: Dodging Everyday Mistakes Read More »
Conveyancing
Let’s Talk Tax! Inheriting property can be both a blessing and a challenge. Alongside the emotional and practical considerations, one common question we’re often asked is: Will I pay Capital Gains Tax if I sell it? The answer isn’t always straightforward. Capital Gains Tax on inherited property depends on factors such as how the property
Capital Gains Tax (CGT) in Kenya is chargeable on gains accruing from the transfer of property, including land, buildings, shares and comparable interests. This Article explores when capital tax is payable in Kenya for shares and other property. Click this link to access the full update. CAPITAL GAINS TAX
Capital Gains Tax in Kenya Read More »
News & Updates
The conversion of long-term leases into sectional units is a critical process under the Sectional Properties Act, 2020, and its accompanying Regulations, aimed at transitioning property ownership from leasehold models into the modern, unit-based registration system. The conversion seeks to modernize real estate registration by anchoring individual ownership to clearly defined and registered units. This
The conversion of long-term leases into sectional units. Read More »
Conveyancing
Justice demands that litigation should bear fruit; a successful claimant must not be left with a barren decree but with a judgment that can be realised in practice. One of the greatest frustrations in civil litigation is when, after years of trial and expense, a successful party finds that their judgment is of no practical
Security right means a property right in a movable asset that is created by an agreement to secure payment or other performance of an obligation, regardless of whether the parties have denominated it as a security right, and regardless of the type of asset, the status of the grantor or secured creditor, or the nature
Securing loans using movable assets: How to register a security right under MPSR Act Read More »
Commercial law
The law provides protective entries on the land register which operate as statutory caveats, some at the instance of private parties asserting an interest, others at the direction of the Registrar – both designed to arrest dealings with land until competing claims are resolved or the risk of fraud is eliminated. Land, in law, is
Cautions and Restrictions Read More »
Conveyancing
Think of a holiday home open to more than just single ownership. The law now makes it possible for such a property to be enjoyed in different ways. One person may hold rights to occupy it during certain periods, another may join with others to share both the benefits and responsibilities of keeping it, while
Understanding Time shares, fractional ownerships and Sectional Titles Read More »
Conveyancing
Introduction It is said that charity begins at home, and no other principle could possibly explain the essence of pre-emptive rights in company law better than this. Before a company invites outsiders to partake in its ownership, it must first look to its own; that is the existing shareholders who stood by it from the
Pre-emptive rights in Company Law Read More »
Commercial law
In Kenya’s real estate transactions, the presence of a charge on land does not bar its sale. As long as ownership can be established through proper due diligence, a property whether charged or not, remains a transferrable interest. A registered charge simply reflects a lender’s interest, not a legal prohibition on sale. It is not
Buying a charged property? Here is what you need to know Read More »
Conveyancing