April 2023

Top Tips for First-Time Homebuyers

Five top tips for first-time homebuyers entering the market, it definitely pays to know what is coming. Top Tips for First-Time Homebuyers. Being uncertain of your budget and not planning can lead to overspending and other major problems down the road. Be aware, be prepared, and keep reading to get ahead of the challenges you will face as a first-time homebuyer. Know that buying a home can be a good...

Court: NLC Has No Powers To Revoke Title Deeds Even If Obtained Irregularly

Court: NLC Has No Powers To Revoke Title Deeds Even If Obtained Irregularly. The Environment and Land Court has ruled that the National Lands Commission (NLC) does not have the authority to revoke title deeds, particularly on land that has never been public or government land. Judge Addraya Dena, sitting in Kwale, ruled that there is no provision allowing the commission to revoke titles even if it is...

How to buy wholesale electricity from Kenya Power

The Energy and Petroleum Regulatory Authority (Epra) recently reviewed electricity tariffs, for the first time including a bulk tariff for a three-year period effective April 1, 2023. How to buy wholesale electricity from Kenya Power. The tariff will allow big consumers to buy electricity in wholesale from Kenya Power at discounted price and resell it to end-users, including tenants at a...

Lands agency slashes foreign tea firms’ leases from 999 years to 99

Lands agency slashes foreign tea firms' leases from 999 years to 99. The National Land Commission (NLC) has ordered that all 999-year-old land leases to multinational tea companies in Kericho, Bomet and Nandi counties be converted to the constitutional requirement of 99 years. NLC announced the decision in a Gazette notice No. 4512 dated April 6. The decision has brought joy to members of the Talai...

Bungled shift to one-stop-shop delays billions of investments

It was billed as a game-changing one-stop-shop, but two years since its launch, Ardhi Sasa is the bane of many stakeholders in the real estate sector. Bungled shift to one-stop-shop delays billions of investments. Lawyers, property financiers, property agents and surveyors estimate that transactions worth at least Sh100 billion are stalled at Ardhi House due to the inefficiency of the Ardhi Sasa...

The Ultimate Guide to Property Management

Suppose you decide to purchase real estate to rent it out and generate passive income, then you need proper guidance to make the most of your investment. The Ultimate Guide to Property Management. If you do not have the time or capacity to manage your rental property yourself, then consider outsourcing this task to a property manager. In either case, you need to properly understand how property...

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