Danwood Properties explains Kenya’s seamless title transfer process efficiently
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Title Transfer Process in Kenya: An Insight by Danwood Properties Limited
Agreement and Documentation
–Sales Agreement: Both parties sign a sale agreement detailing the terms and conditions.
Necessary Documents: Include original title deed, identification documents, and proof of payment.
Stamp Duty Payment
–Assessment: Calculate stamp duty based on the property’s value.
Payment: Pay the stamp duty to the Kenya Revenue Authority (KRA) and obtain a stamp duty certificate.
Application for Consent
–Consent to Transfer: Obtain consent from the relevant land control board (LCB) if the property is agricultural land.
Submission to Lands Office
–Application for Transfer: Submit all documents, including the signed transfer form and stamped duty certificate, to the local land office.
Title Deed Processing
–Processing: The Lands Office processes the application and updates the land register.
New Title: A new title deed is issued in the buyer’s name.
Finalization
–Verification: Ensure all changes are correctly reflected in land records.
Transfer Completion: Both parties receive copies of the new title deed.
Danwood Properties Limited can provide guidance and assistance through each step to ensure a smooth and compliant transfer process.