Land Sale Agreement Sample In Kenya
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FAQ
Any purchase agreement should include at least the following information: The identity of the buyer and seller. A description of the property being purchased. The purchase price. The terms as to how and when payment is to be made. The terms as to how, when, and where the goods will be delivered to the purchaser.
It is very advisable to have a lawyer (though not a must). ing to the tariff provided by the Law Society of Kenya, the lawyer should charge Ksh3000 if the land cost is Ksh1,000,000 and below and Ksh8,000 if the land value is above Ksh1,000,000.
The buyer and the seller both sign the required transfer forms and then the buyer then proceeds to the Land Registry where the Land is located. The seller must go with the following documents for the transfer to be done; The Land Control Board Consent Form. KRA pin.
The law requires all agreements for sale of land to be in writing, signed by all the parties and attested by a witness who is present when the contract is signed. This is a crucial stage where the seller needs a lawyer.
Did you know that It is possible to sell your property (Plot, House, or Apartment )in Kenya in Under 60 days, and at a profit?