Steps when purchasing land in Kenya? Read below..
Buying land in Kenya is a critical transaction that requires the buyer to take precautions and conduct due diligence before sealing the deal. At Pazurina holdings, our agents take every interested buyer through the process seamlessly, including those buying from the Diaspora. The process of purchasing land in Kenya involves several steps. Here are the typical steps involved:
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Conduct a title search: Before purchasing any piece of land, it’s crucial to conduct a search at the Ministry of Lands to ensure that the land is free from any encumbrances such as mortgages or liens. This step ensures that you don’t buy land that may lead to legal disputes in the future.
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Conduct a physical inspection: Once you have identified a piece of land that you are interested in purchasing, you should carry out a physical inspection of the land to ensure that it meets your requirements. You may want to check for things like accessibility, proximity to amenities such as schools, hospitals, and shopping centres.
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Engage a lawyer: It is important to engage a lawyer who is conversant with land transactions to guide you through the process of purchasing the land. The lawyer will help you understand the legal implications of the transaction and ensure that all necessary legal documents are in order.
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Payment of stamp duty: Once you have agreed on the price of the land with the seller, you will need to pay stamp duty to the Kenya Revenue Authority. The stamp duty is a percentage of the value of the property, and it is a legal requirement for any land transaction.
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Signing of sale agreement: After payment of the stamp duty, you will need to sign a sale agreement with the seller. The sale agreement outlines the terms and conditions of the transaction, including the purchase price, payment terms, and transfer of ownership.
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Transfer of ownership: Once the sale agreement has been signed, the seller will transfer ownership of the property to you. This is done by registering the transfer of ownership at the Ministry of Lands.
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Registration of the title: Finally, you will need to register the title of the land in your name at the Ministry of Lands. This step confirms that you are the legal owner of the land.
It is important to note that the process of purchasing land in Kenya can be lengthy and complicated, and it’s crucial to engage the services of professionals such as lawyers, surveyors, and valuers to ensure a smooth and legal transaction. For Plots in Diani, Kenya, you can reach us on email info@pazurina.com or call us on 0712 110 110.