Are you buying or selling Land or Property?
Biz Brokers Kenya, offers you a fast and reliable Title registration service in Nairobi, Kiambu, Kajiado and Kisumu.
Search of title at the Land Office.
Title search at Lands office takes an average of 3 days.
A copy of the title document is required to be submitted at the time of applying for the search.
Also, one cannot carry out a personal search but must instead apply for an official search.
Obtain Rates Clearance Certificate from the County Goverment.
Upon payment of all outstanding Land Rates at the Local county goverments and upon an application and payment of the prescribed fees.
The respective County Goverments shall issue a Land Rates clearance certificate.
Obtain Land Rent Clearance Certificate from the Commissioner of Lands
Upon payment of outstanding Land rent and on application, the commissioner of lands issues a Land rent clearance certificate.
This certificate is proof that there are no outstanding fees to be paid to the County
Obtain Consent to transfer from commissioner of Lands
Upon payment and issuance of Both Land rent certificate and Land rate certificate, an application is made in writing to the commissioner of lands and the prescribed form executed for consent to transfer the desired property. Upon payment of the prescribed amount, consent to transfer is issued.
File the transfer instrument at the Lands Office for assessment of stamp duty payable on the transfer
The transfer document, prepared by the buyers lawyer and approved by the vendors lawyer, is submitted for assessment of stamp duty at the Lands registry.
4% of property value (stamp duty)
The stamp duty amount to be paid is indicated when the application is filed, but it takes approximately 7 days to obtain the receipt of payment (obligated to pay with a banker’s check) from the bank. The payment is made directly at the Lands Office.
Pick up banker’s check and pay Stamp Duty
It is mandatory to pay the above-mentioned stamp duty with a banker’s check. The payment is made through commercial banks and the approved banks include the Kenya Commercial Bank and The National Bank of Kenya. Payment is made to the Commissioner of Domestic Taxes on behalf of the Commissioner of Lands.
Receive inspection by land officer
Once the draft transfer has been filed at the land office, an inspector visits the site to verify the development and state of the property. Due to lack of transport, in practice, the inspector often has to be picked up in person and driven to the site. There are no prior appointments made and the actual inspection may happen within one day or, in the worst case, one month. However, note that this time is not limited and in some cases entrepreneurs may wait months for a valuation.
Obtain valuation of the property by Government valuers
The inspector visits the site to evaluate and verify the indicated purchase price of the property in order to ensure accurate tax payment. If the assessed value differs from the one indicated by the parties, an additional payment is requested.
Lodge the completion documents with Lands Office for registration of the
The completion documents are lodged for registration at the Lands Office. These documents are generally obtained from seller’s lawyers, these being original Certificate of Title, Rates Clearance Certificate, Land Rent Clearance Certificate, Consent Transfer.
Inform seller’s lawyers of registration and pay balance of the purchase price.
The certificate of the registered transfer is collected at the Lands Office.
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