Property Econs

Once you have found a piece of land you would like to buy , done the necessary due diligence to avoid getting tricked or defrauded, and have resolved to buy the land, the next recommended step is to get a good sales agreement. A sales agreement will provide you with several crucial benefits.  #1: Legal Protection if Something Goes Wrong A good and legally enforceable land sales agreement can protect you from many risks common in the land-buying process. It can protect you if the seller fails to meet one or more of their obligations. Armed with a good sales agreement, you can easily prove your case in a court of law and get compensated for the damages you are likely to suffer due to the seller’s neglect.  A good sales agreement would also protect you in case of fraud. It has turned out in the past that a legitimate owner of a piece of land has defrauded two or more buyers by attempting to sell them the same parcel of land at the same time. As a buyer, it is hard to protect you...

  Land maps are vitally important when buying land in Kenya. They provide you with relevant information about a piece of land you intend to buy. Acquiring relevant land maps earlier during the land-buying process will help you avoid getting tricked by the seller. Several land maps are used for land registration in Kenya. However, the most popular map when it comes to buying land in the country is the Registry Index Map (RIM). The RIM provides important details regarding a piece of land, like its location, plot number, and scale. The map is drawn to scale. Thus, with a ruler and the scale indicated on the RIM, you can measure and determine the size of the land you want to buy    Obtaining a RIM will help verify if the data on the map correspond with the reality on the ground. Thus, once you get the maps, you must visit the site and determine if everything checks out. Obtaining a RIM requires that you provide proof of land ownership. Thus, as a buyer, you have to request y...

  Finding a prime piece of land in the location of your choice and within your budget can be a challenge. Luckily, there are several resources, professionals, and organizations that you can use to ease your land search.     Listing Websites Listing websites have helped significantly ease land selling and buying worldwide. The websites allow sellers to list the land they would like to sell. Listings often include photographs of the land for sale, location details, land size, price, and seller details, among other information. Listing websites display the listed pieces of land to buyers searching for the same. They often include features that help potential buyers limit or broaden their searches. Using the sites, a potential buyer can find several pieces of land they want to buy in a few minutes. Popular land listing websites in Kenya include: BuyRentKenya Jiji PigiaMe Property24 Star Classifieds   Social Media Social media has become a vital tool in land buying a...