When buying land in Kenya, its important, to carry out proper due diligence before making commitment. As the process is tedious and time consuming, we have highlighted important steps to help guide you make the right land investment decision.
Step 1: Identify Land
There are various reasons for buying land; residential homes, commercial or speculative purposes. Its important to make an informed decision based on location, cost and topography of the land.
Step 2: Choosing Right Company
Its good common practice to do a background check on company you have identified has pre-requisite land for purchase. Once satisfied with their credentials, contact them to arrange for site visit.
Step 3:Site Visit
There are free site visits on designated days where customers are taken to view land for purchase. Site maps are also provided on day making it easy to select plot of your choice before putting down a deposit.
Step 4: Request For Mother Title Document
The mother title is the document which gives information on land you are about to purchase and its helps you do search from Land Registry. Process will take 2 working days maximum but there is normally a processing fee.
What to check from search?
* Land ownership
* Acreage on land
* Check if there are any caveat or restrictions registered against title deed
* Check for any uncleared land rates.
Step 5: Land Maps From Surveyor
The survey maps are important on site visits as shows an overview of the land to include adjacent plots and are crucial for ground verifications showing beacons on allocated parcels of land.
Step 6: Sale Agreement
Its recommended to appoint a legal representative for sale agreement on land transaction which is prepared by seller ‘s advocate ad set out terms of sale ad payment mode. Details of seller and buyer and cost of purchase price for land.
Step 7: Transfer of Documents
On completion of payment, you will receive title deed within 60 days making you proud owner of a stress-free land investment process.
Richly Investment Promise On Value Addition
Here at Richly Investment Ltd, and in order to provide value addition and enhance the project for our esteem investment partners, we are putting up perimeter walls with one gate to access the property which not only make it homely but also adds an aesthetic value to project.
The Proposed Launch
Nanyuki Mountainview Phase 1 Project will be launched on 25th February 2023 and from current reservations, its is anticipated will be a success as 80% of site bookings has been made. A 50 x 100 is going for Ksh 299,000.
Book a site visit today.
