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Recover money from an "errant" land vendor. Please help!
Okonkwo
#11 Posted : Monday, September 03, 2012 12:41:26 PM
Rank: Member

Joined: 1/29/2009
Posts: 85
This process of sub-division is very tricky and I personally I gave my surveyor to do it for me. He took 1 year and every time he told me the title will be ready the following week. I took it upon myself, and managed to get the titles within 2 weeks. Dont blame the seller. Do due dilligence, and may be find out if the title can be transferred directly to you. I dont advocate on working on his knee cap, this wont bring the money back.
totob
#12 Posted : Tuesday, September 04, 2012 7:08:43 PM
Rank: Hello

Joined: 8/21/2012
Posts: 3
if I may chip in man, the process of subdivision I believe is what one makes it to be. 1st of all I hope u had an advocate when getting into the transaction. If you did press him to follow up, why else do you pay him? 2ndly, for a subdivision to take place their ought to be a sub-division scheme, i hope u saw one. thirdly and fourthly there ought to be signing of transfer docs and LCB Application forms depending on where the land is. If all these have not been done and its over 8 months now I'm afraid u r being taken for a ride. Read the sale agreement (which I ope both parties signed & was attested) and find out if it has set a way of dispute resolution. Either arbitration or anything else. also u can go to court, for specific performance or for damages and interest thereon from the amount u paid. going under criminal case.....noooo, u wont get ur money back. what u want is money or land. and of d two i bet land is better obviously it has appreciated and worth more. go 4 specific performance. But ultimately out of Court settlement is always the best, let Court be last resort.
mnandii
#13 Posted : Tuesday, September 04, 2012 8:10:35 PM
Rank: Elder

Joined: 10/11/2006
Posts: 2,304
Okonkwo wrote:
Do due dilligence, and may be find out if the title can be transferred directly to you. I dont advocate on working on his knee cap, this wont bring the money back.

When a parcel of land is sub-divided ALL the subdivisions are initially registered in the name of the Proprietor(i.e. the owner B4 the subdivision).
Only then can a transfer to other parties take place.
Conventional thinkers waste time building shelters when they are unnecessary and then have no shelters when they need them the most. Socionomists do the opposite.
Okonkwo
#14 Posted : Wednesday, September 12, 2012 12:18:40 PM
Rank: Member

Joined: 1/29/2009
Posts: 85
@mnandii
The registrar told me if the buyer pays stamp duty, it can be registered to name of buyer directly. Am not sure though. All mine I sub-divide to my name first.
Magigi
#15 Posted : Thursday, September 13, 2012 2:25:43 PM
Rank: Elder

Joined: 3/31/2008
Posts: 7,081
Location: Kenya
King G wrote:
Organise mamboys to work on his knees and knee cup (cap). Then you send him flowers in hosi

@King...You are just the kingLaughing out loudly Laughing out loudly Laughing out loudly
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