Author: Property254

In Kenya, inheritance matters, also known as succession, hold significant weight in securing the future of families and loved ones. The process of transferring ownership of assets upon a person’s death can seem complex, but understanding the legal framework and steps involved empowers individuals to navigate this crucial phase effectively. This comprehensive guide delves into the succession process in Kenya, equipping you with the knowledge to ensure a smooth and efficient transfer of property. Understanding Succession process in Kenya: Succession refers to the legal process of transferring ownership of a deceased person’s estate (assets and liabilities) to their beneficiaries. A…

Legally, this term refers to succeeding the rights of another person especially property and transferring the ownership rights from the deceased to the one living. In other terms, this is also known as the law of inheritance.  Each country has laid down rules and regulations that guide how succession is done. The laws of Kenya stipulate what happens after a person dies what to be done for the transfer to be legal. Importance of succession planning Planning for succession is very important for each and every person who owns assets. There are various ways benefits that you stand gain when…

Are you planning to sell your home? One of the most critical decisions you’ll make is setting the right price. Pricing your home too high can lead to a lengthy selling process while pricing it too low means you’ll miss out on potential profits. So, pricing your home just right is all about balance. It’s kind of like baking a cake. Too hot, and you burn it. It’s too cool, and it ends up undercooked. We want that perfect, golden temperature where everyone wants a slice. In this comprehensive guide, we’ll explore tips for pricing your home competitively to attract potential buyers and maximize your profits. Step 1: Research, Research, Research Think of pricing…

Initially, for one to pay stamp duty, one had to log into the iTax portal of the individual required to pay for the stamp duty; key in the necessary details of the property in question such as the price, names of the vendor and purchaser, title number, the location of the property and finally the assessed amount. This would in turn generate a Payment Registration Number (PRN) which would be used when making the stamp duty payment. To make stamp duty payments, you What is Stamp Duty? This is tax levied on legal instruments such as land transactions, agreements, shares,…

Now more than ever, establishing a strong online presence is one of the most important factors for a business’s success. When launching a website, choosing the right domain name is crucial. Your domain name is your online identity, influencing how customers find and perceive your brand. For Kenyan businesses, the question often arises: will a .co.ke domain affect my global reach? Let’s explore the factors to consider when making this important decision. What is a .co.ke Domain? A .co.ke domain is a country code top-level domain (ccTLD) specifically designated for Kenya. Using a .co.ke domain extension signals to users and search…

Are you aspiring to become a registered real estate agent in Kenya? If so, mark your calendars because the Estate Agents Registration Board has just announced the official interview dates for this quarter! The interviews are scheduled to take place on the 25th & 26th of April and the 2nd & 3rd of May. This is your chance to take a step forward in your real estate career and join the ranks of certified professionals in the field. To be considered for the upcoming interviews, it is imperative that you submit your application through the online portal before the deadline…

Do you know that the rainy season is the best time to buy your plot or house if you want to invest? As the raindrops dance upon the earth, there’s an often-overlooked opportunity that emerges with the arrival of the rainy season—buying land. While many may instinctively veer away from real estate transactions during this time, dismissing it as inconvenient or impractical, there’s a compelling case to be made for those willing to seize the moment. In this article, we’ll delve into the intriguing notion of why purchasing land during the rainy season might just be the smartest move you…

With the increasing property prices in Kenya, it is becoming increasingly difficult to finance a home from cash. And thats where mortgages come in. Getting the keys to your dream home is within reach, and we’re here to help you every step of the way. It is important to understand the process so that you can easily navigate the mortgage market and secure the ideal loan for your needs. In this blog, we’re going to explore everything you need to know about mortgages in Kenya. From understanding the basics of mortgage loans to finding the best deals and calculating those…

Whether you are looking for rentals, houses for sale, go-downs, or office space, a real estate company always provides the services you seek. We hope the article will guide you in finding the right company for your real estate needs 1. Knight Frank Kenya: Overview: Knight Frank is a global real estate consultancy, and its Kenyan branch has been a key player in the local market. Known for its comprehensive research and advisory services, Knight Frank provides valuable insights into market trends and investment opportunities. Notable Projects: While Knight Frank is renowned for its consultancy services, it has been involved…

Leasing Land in Kenya s becoming an increasingly popular due to the high capital outlays for outright purchase of commercial land which has good access to surfaced roads and public transport networks. An increasingly popular venture on leased land is container malls/parks – semi-permanent structures established for business premises which can be easily relocated upon expiry of the lease. Leasing of land for agricultural purposes is far more common. The types of agri-business that lease land range from commercial-scale green housing operations which produce a wide range of horticultural produce like wheat, flowers and even herbs, to animal-rearing enterprises which lease…