Real estate transactions in Kenya involve complex legal processes that can be overwhelming for anyone who is not familiar with the law. At Jafarali a& Company Advocates, we specialize in providing expert guidance and legal representation in conveyancing and real estate law to help our clients navigate these processes with ease.
In this blog post, we will discuss the legal aspects of buying and selling property in Kenya and how Jafarali & Company Advocates can assist you throughout the process.
The Legal Process of Buying and Selling Property in Kenya
The process of buying and selling property in Kenya involves several legal steps that must be followed. These steps include:
a. Conducting a search to confirm ownership and title to the property.
b. Drafting and signing a sale agreement.
c. Payment of the purchase price, usually through an escrow account.
d. Transfer of ownership to the buyer through registration of the transfer of title with the relevant government authorities.
The Importance of Legal Representation
Given the complexity of the legal processes involved in buying and selling property, it is essential to have legal representation to guide you through the process. At Jafarali & Company Advocates, we have a team of expert attorneys who specialize in conveyancing and real estate law. We can help you with the following:
a. Drafting and reviewing the sale agreement to ensure that it is legally binding and contains all necessary terms and conditions.
b. Conducting a search to confirm ownership and title to the property, and identifying any outstanding mortgages, liens, or encumbrances that may affect the transaction.
c. Advising you on the legal requirements for payment of the purchase price, and ensuring that the transaction is conducted through a secure and regulated escrow account.
d. Facilitating the transfer of ownership to the buyer through registration of the transfer of title with the relevant government authorities.
Other Services Offered by Jafarali & Company Advocates
In addition to our expertise in conveyancing and real estate law, we also offer other legal services related to property transactions. These include:
a. Preparation of tenancy agreements.
b. Advising on property taxes, including stamp duty and capital gains tax.
c. Legal due diligence for property transactions.
d. Handling disputes related to property transactions, including mediation and litigation.
Conclusion
In conclusion, buying and selling property in Kenya involves complex legal processes that require the guidance and expertise of an experienced attorney. At Jafarali & Company Advocates, we specialize in providing expert guidance and legal representation in conveyancing and real estate law to help our clients navigate these processes with ease. Contact us today to learn more about how we can assist you with your property transaction.