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Thika greens service charge
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ekahindi
#1 Posted : Thursday, June 07, 2012 2:56:15 PM
Rank: New-farer

Joined: 5/8/2011
Posts: 45
Hi wazuans,
i recieved an email this morning from Thika Greens and it talked about a fee of ksh 3000PM(ksh 36000)P.A service charge which apparently was introduced this January.The fee was deemed fit and adequate to maintain infrustructure,security,rent and common services.

I was therfore wondering,as owners and stakeholders of the piece of property,weren't we supposed to be consulted before such a decision was made and are we suppoosed to make such payments before our subleases are out.d'oh!

anyone with experience or knowledge??
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Am
#2 Posted : Friday, June 08, 2012 1:38:14 PM
Rank: Veteran

Joined: 2/21/2012
Posts: 1,739
That is Impunity, at its best.

Security for what? Undeveloped plot?
Do not be anxious about anything, but in everything, by prayer and petition, with thanksgiving, present your requests to God..
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ekahindi
#3 Posted : Friday, June 08, 2012 3:16:10 PM
Rank: New-farer

Joined: 5/8/2011
Posts: 45
exactly.
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Spitze
#4 Posted : Friday, June 08, 2012 8:43:22 PM
Rank: New-farer

Joined: 2/9/2012
Posts: 17
Location: Nairobi
Sell the plot before many Kenyans come to understand what a sublease means. A sublease is con.
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ekahindi
#5 Posted : Saturday, June 09, 2012 9:10:13 AM
Rank: New-farer

Joined: 5/8/2011
Posts: 45
how is a sublease a con.kindly explain
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QW25091985
#6 Posted : Saturday, June 09, 2012 9:18:30 AM
Rank: User

Joined: 1/24/2012
Posts: 1,675
Location: In Da Hood
ekahindi wrote:
how is a sublease a con.kindly explain


i would also like to know ! I found it intresting.
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Ndaragwa
#7 Posted : Saturday, June 09, 2012 8:54:14 PM
Rank: Member

Joined: 3/12/2011
Posts: 108
ekahindi wrote:
exactly.


Can you read your sale agreement very carefully. Somewhere it will say that you are to pay service charge of 50% if construction of your house is not completed within a certain time frame of grant of sub-lease - check whether its 36 months. Also in your sale agreement, the amount of service charge will be clearly stated. You can Google to see the disadvantages of sublease, especially in Kenya.
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Spitze
#8 Posted : Tuesday, June 12, 2012 8:29:35 PM
Rank: New-farer

Joined: 2/9/2012
Posts: 17
Location: Nairobi
QW25091985 wrote:
ekahindi wrote:
how is a sublease a con.kindly explain


i would also like to know ! I found it intresting.


The sublease expires before the main lease. For example your sublease may expire in 98 years 9 months while the Thika Greens lease (Thika Greens has subleased land to you) will expire after 99 years. So Thika Greens will throw you out before their lease expires, and then they apply to renew their lease. Well, you will have gone by then but your future generation will not have any chance of renewing the lease, they can only renew the sublease at terms of Thika Greens.
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mnjoro
#9 Posted : Wednesday, June 13, 2012 10:09:26 AM
Rank: Member

Joined: 2/21/2009
Posts: 573
Spitze wrote:
QW25091985 wrote:
ekahindi wrote:
how is a sublease a con.kindly explain


i would also like to know ! I found it intresting.


The sublease expires before the main lease. For example your sublease may expire in 98 years 9 months while the Thika Greens lease (Thika Greens has subleased land to you) will expire after 99 years. So Thika Greens will throw you out before their lease expires, and then they apply to renew their lease. Well, you will have gone by then but your future generation will not have any chance of renewing the lease, they can only renew the sublease at terms of Thika Greens.

As if these guys Thika Greens will still be surviving and incase they will how any African Businesses are surviving past first generation from what we are reading in the news nowdays?
I however do not support the lease fee though will take it up with the lawyer.
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jaggernaut
#10 Posted : Wednesday, June 13, 2012 12:28:04 PM
Rank: Elder

Joined: 10/9/2008
Posts: 5,389
Why don't they just give the plot buyers their individual title deeds?
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