Why Is It Called A Peppercorn Rent? A “peppercorn rent” is a term used in real estate to describe a very low, symbolic, or nominal rent or lease payment, often just a small token amount, such as one peppercorn, paid for the use of a property or land. The term “peppercorn” has historical origins and […]
What Is Enhanced Equity Release and Do You Qualify? Enhanced equity release is a type of lifetime mortgage designed for people with health conditions or lifestyle factors that may impact their life expectancy. It allows them to access more equity or get a lower interest rate than standard equity release products. To qualify for enhanced […]
What Does Virtual Freehold Mean? Virtual Freehold Vs Long Leasehold A “virtual freehold” is a term used to describe a property that is sold with an exceptionally long lease, typically 999 years. This term is not a legal term but a generic one used in property transactions, The concept of a virtual freehold emerged as […]
What Is The Main Function Of The National Land Commission? The National Land Commission (NLC) of Kenya is an independent government commission established to manage public land on behalf of the national and county governments, initiate investigations into present or historical land injustices, and recommend appropriate redress, among other responsibilities. The National Land Commission (NLC) […]
Validity Of Land Sale Agreement In Kenya The validity of a land sale agreement in Kenya is determined by adherence to the legal and contractual procedures outlined above. Failure to comply with these procedures may lead to future conflicts and potential double loss. The validity of a land sale agreement in Kenya is governed by […]
How To Apply For Subdivision Of Land Here are some tips for applying for subdivision of land: Check your local zoning laws and regulations. Most areas have specific rules about minimum lot sizes, setbacks, street frontage, etc. that you will need to comply with when subdividing property. Begin by looking for any restrictions or regulations […]
How To Verify Ownership Of A Property ; A Comprehensive Guide Verifying property ownership is an essential step when buying or selling real estate. It helps ensure the seller has the legal right to sell the property and protects the buyer from potential title issues down the road. This process requires researching property records, examining legal documents, and conducting due diligence. Property Ownership Verification: A Comprehensive Guide Property ownership verification is a crucial step […]
Sample Of Genuine Title Deed In Kenya A genuine title deed in Kenya is a legal document that provides evidence of a person’s right to land or a section of a property built on a specific piece of land. It is issued by the Ministry of Lands and proves ownership of land, defining the legal […]
How Long Does It Take To Replace A Lost Title Deed In Kenya? To replace a lost title deed in Kenya, the process typically takes 60 days. The registered proprietor must apply to the Lands registry for the issuance of another title in place of the lost or destroyed one by filling an application […]
What Is The Difference Between Title Deed And Deed Of Transfer? A Title Deed is a legal document that serves as evidence of a person’s legal ownership of a property. It is the document that proves someone’s legal right or title to a building or a piece of land. On the other hand, a Deed […]
