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Why Invest?Country ProfileCity List |
Kenya » The Purchase Process
If you are buying property in Kenya than we recommend you to employee a lawyer who assist you with the entire investment property buying process. Once a price for the property sale has been settled, a restricted preliminary contract can be signed and a deposit of up to 10% of the purchase price be paid. It is then customary for the final contract to be signed within a 90 day period, at which time the outstanding purchase price will be paid by the property investor. The buyers solicitor will register the final contract with the land registry and apply for a transfer of the title deed into the new owners name.
![]() Taxes and lawyers fees will be payable within 30 days after the final contract is signed. All fees in Kenya tend to vary and are usually based on the fundamental purchase price of the investment property being bought. |
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