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The power of financial education
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slickyoz
#171 Posted : Sunday, May 20, 2012 11:34:50 PM
Rank: Member

Joined: 5/9/2011
Posts: 178
Location: Nairobi
hook up a bro with this info and i applaud your effort
marqueelinecomps(at)gmail dotcom
Those who follow the crowd usually get lost in it
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Marty
#172 Posted : Monday, May 21, 2012 7:35:36 AM
Rank: Veteran

Joined: 3/31/2008
Posts: 761
Location: Nairobi
dave.kim wrote:
@Marty. I made my first land purchase last year and ran into some trouble along the way. After following this thread I have realized that I was ignorant about the process. That said I hope you can give me some advice regarding my situation...I purchased land in lamu through an agent(who had and is doing legit deals with a couple of my friends) and paid an initial deposit of 45% and wrote up a sale agreement that the balance would be paid after the discharge letter was out and the land had been transferred to me. The agreement was drafted by a lawyer. However her first name was mispelt on her title and also some of the receipts for which she had paid for the land. An affidavit was drafted and signed to confirm that she is one n the same person.
Later on in the year after the Lamu port became more of a reality and prices shot up the land owner demanded more money. I refused and tried to place a caution but it was rejected since I did not go through the board. I now want to apply for an injunction. Please advice on the best approach


Who is holding the title to the land? Is it the agent or the lawyer who did the agreement or the Vendor?
When I admire the wonder of a sunset or the beauty
of the moon, my soul expands in worship of the Creator.
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runjam
#173 Posted : Monday, May 21, 2012 7:52:45 AM
Rank: New-farer

Joined: 6/21/2010
Posts: 73
Location: kenya
Marty,thanks for the good work. my email address is njamuhia@yahoo.com .Thanks.
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Marty
#174 Posted : Monday, May 21, 2012 3:11:48 PM
Rank: Veteran

Joined: 3/31/2008
Posts: 761
Location: Nairobi
Second summary of topics sent to those in the mailing list. Enjoy guys but remember to share the info in line with the Wazua spirit "To educate, inform, learn from others; within the limit of what we know, in any chosen area irrespective of our differences"
When I admire the wonder of a sunset or the beauty
of the moon, my soul expands in worship of the Creator.
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Metis
#175 Posted : Monday, May 21, 2012 4:41:17 PM
Rank: Hello

Joined: 5/14/2012
Posts: 2
@Marty Kindly add me to your mailing list. kngari90@gmail.com

Thanks.
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Volatility
#176 Posted : Tuesday, May 22, 2012 3:11:07 AM
Rank: Member

Joined: 4/12/2009
Posts: 3
Marty Please add me to your mailing list. Deserve7@hotmail.com

Thanks.
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dave.kim
#177 Posted : Tuesday, May 22, 2012 10:22:23 AM
Rank: Member

Joined: 6/25/2010
Posts: 176
Marty wrote:
dave.kim wrote:
@Marty. I made my first land purchase last year and ran into some trouble along the way. After following this thread I have realized that I was ignorant about the process. That said I hope you can give me some advice regarding my situation...I purchased land in lamu through an agent(who had and is doing legit deals with a couple of my friends) and paid an initial deposit of 45% and wrote up a sale agreement that the balance would be paid after the discharge letter was out and the land had been transferred to me. The agreement was drafted by a lawyer. However her first name was mispelt on her title and also some of the receipts for which she had paid for the land. An affidavit was drafted and signed to confirm that she is one n the same person.
Later on in the year after the Lamu port became more of a reality and prices shot up the land owner demanded more money. I refused and tried to place a caution but it was rejected since I did not go through the board. I now want to apply for an injunction. Please advice on the best approach


Who is holding the title to the land? Is it the agent or the lawyer who did the agreement or the Vendor?

The vendor
Rule No.1 is never lose money. Rule No.2 is never forget rule number one
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Marty
#178 Posted : Tuesday, May 22, 2012 10:42:01 AM
Rank: Veteran

Joined: 3/31/2008
Posts: 761
Location: Nairobi
dave.kim wrote:
Marty wrote:
dave.kim wrote:
@Marty. I made my first land purchase last year and ran into some trouble along the way. After following this thread I have realized that I was ignorant about the process. That said I hope you can give me some advice regarding my situation...I purchased land in lamu through an agent(who had and is doing legit deals with a couple of my friends) and paid an initial deposit of 45% and wrote up a sale agreement that the balance would be paid after the discharge letter was out and the land had been transferred to me. The agreement was drafted by a lawyer. However her first name was mispelt on her title and also some of the receipts for which she had paid for the land. An affidavit was drafted and signed to confirm that she is one n the same person.
Later on in the year after the Lamu port became more of a reality and prices shot up the land owner demanded more money. I refused and tried to place a caution but it was rejected since I did not go through the board. I now want to apply for an injunction. Please advice on the best approach


Who is holding the title to the land? Is it the agent or the lawyer who did the agreement or the Vendor?

The vendor

What exactly do you mean by this? Is it that you got a consent without going to the board (special) or you wanted a caution placed without going to the board?

When I admire the wonder of a sunset or the beauty
of the moon, my soul expands in worship of the Creator.
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McReggae
#179 Posted : Tuesday, May 22, 2012 10:54:19 AM
Rank: Elder

Joined: 6/17/2008
Posts: 23,365
Location: Nairobi
Thanks for the emails Marty, great stuff!!
..."Wewe ni mtu mdogo sana....na mwenye amekuandika pia ni mtu mdogo sana!".
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inspekta
#180 Posted : Tuesday, May 22, 2012 11:52:09 AM
Rank: Hello

Joined: 5/22/2012
Posts: 1
Marty: Very informative indeed.... Keep up the good work you are doing.Applause Applause
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