Conduct a search at the Ministry of Lands to establish the true owner of the land you intend to buy. Also establish if the land title has been charged or has any caveat barring its sale.
Confirm Payment of Land Rates
Visit the Local county land offices and confirm if the owner of the land has paid land rates fully or if there are any arrears you will need to factor in when deciding the purchase price. Ideally, the current owner of the land should pay all arrears on land rates but the buyer and seller could also agree to factor in the rates into the sale agreement so that the buyer pays to the seller an amount less the rates arrears and clears the outstanding rates.
As a buyer, ensure to access the maps of the place where the land you intend to buy is located; you can obtain this from your local surveyor.
Armed with the map, visit the land on the ground. You may confirm the measurements of the land as indicated on the map, and ensure you see the beacons that mark the land boundaries.
If you are happy with the land, you are content that all the documentation of current ownership is right, and you have agreed on a sale price, you can then enter a written sale agreement with the seller. Ensure to engage a lawyer who will ensure that the agreement you enter is in line with the law and safeguards your investment. Ensure that you have a no-objection agreement signed by individuals or groups that are party to the current land ownership in order to avoid any complications in future.
Post Agreement Transaction
Before you make any payment following the agreement, ensure that the title deed and other legal documents relating to the sale of the land are in the custody of the lawyers to ensure the seller does not engage in any other transaction that could complicate the deal.
Land Control Board
Book the Land Control Board (LCB) meeting. The LCB has the role of protecting the seller from self-destruction e.g. selling a community owned land, or selling land that leaves his family homeless, or selling without spouse’s consent. The board gives the final consent for the land to be sold
After all payments, the seller signs Land Transfer Forms which together with Consent from LCB, land search, clearance from county/ municipal council, passport photos, KRA PIN, agreement and old title deed are taken to the Ministry of Lands to change ownership.
Stamp Duty and Transfer Fees
There is a legal requirement for the buyer to pay stamp duty based on the value of land; this would be mostly 4% of the total value of the land.
Post Purchase Search
After one week of purchase, the buyer should conduct another search with the Ministry of Lands to ascertain that the land is really his or hers.
Properties Selling Now
Our properties are in various locations such as Juja, Kitengela, Ruiru, Makuyu, Nakuru, and Kantafu.
Madonna Realtors is a premier real estate company incorporated as a limited company in the year 2015. The company is primarily engaged in property sale, development and management. The company conducts land sale and purchases, consultancy on land development and sales, surveying of land and subdivision and land valuation.