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Title Deed Cost
wilyum
#1 Posted : Wednesday, December 05, 2012 2:22:16 PM
Rank: Veteran

Joined: 12/21/2011
Posts: 1,010
Wazuana Land Guru,

What is the estimated total cost of transfering land from someone who has share certificate to a title deed if one buys that kind of land?
CaptainGG
#2 Posted : Wednesday, December 05, 2012 3:20:07 PM
Rank: New-farer

Joined: 10/13/2011
Posts: 67
Location: Kenya
That is a bit tricky coz the vendor will not surrender the original Title deed of the land before subdivision coz he/she does not have one. The titles are usually processed through the original owner/holder thus you may need to liaise with those who issued the certificates.
wilyum
#3 Posted : Wednesday, December 05, 2012 3:38:25 PM
Rank: Veteran

Joined: 12/21/2011
Posts: 1,010
i have seen the title from the original owner and verified the details at ministry of lands,now from there wot next?
CaptainGG
#4 Posted : Wednesday, December 05, 2012 4:15:04 PM
Rank: New-farer

Joined: 10/13/2011
Posts: 67
Location: Kenya
This land must have been subdivided into smaller plots. You cannot process title deed for only one plot coz you need to surrender the original title(Not copy) to the lands office. The ministry of lands does not recognize your share certificate coz it does not exist in their registry. You need to surrender the original title and inform the lands office of the subdivision for the new titles to come out.
wilyum
#5 Posted : Wednesday, December 05, 2012 4:39:51 PM
Rank: Veteran

Joined: 12/21/2011
Posts: 1,010
@CaptainGG,meaning i have the owner has to surrender the title to ministry of lands?
CaptainGG
#6 Posted : Wednesday, December 05, 2012 4:49:54 PM
Rank: New-farer

Joined: 10/13/2011
Posts: 67
Location: Kenya
When transferring land, you need to surrender the existing original title to the lands office, transfer documents etc. If you buy land from someone, he/she gives you the title deed and signs transfer docs which you take to the lands office so that the land can be transferred to your name, the old title discarded and new title processed in your name. Was the original land subdivided into smaller plots?, if so, all the new pieces need title deeds thus the owner cannot give you the original title deed coz he you did not buy the entire land but a piece of the original land.
maka
#7 Posted : Wednesday, December 05, 2012 4:50:39 PM
Rank: Elder

Joined: 4/22/2010
Posts: 11,522
Location: Nairobi
wilyum wrote:
Wazuana Land Guru,

What is the estimated total cost of transfering land from someone who has share certificate to a title deed if one buys that kind of land?

...Is it RLA(Registered Land Act)or RTA(Registered Titles Act)?
possunt quia posse videntur
CaptainGG
#8 Posted : Wednesday, December 05, 2012 4:59:33 PM
Rank: New-farer

Joined: 10/13/2011
Posts: 67
Location: Kenya
Without the original title deed, you will not be able to process a new one. Ministry of land does not recognize your certificate. The costs involved in a normal transfer are as below:
1)Valuation costs
2)Stamp duty @ 2% of sale value for freehold and 4% for leasehold
3)Legal fees if you are using a lawyer/broker
4)Miscellaneous costs which are minimal
itz
#9 Posted : Wednesday, December 05, 2012 9:33:12 PM
Rank: Member

Joined: 3/20/2009
Posts: 348
Allow me to jump on your post and ask the pros or any surveyors what the average cost is for subdividing land in kiserian to 1/8 plots.Land is about 3 acres.thanks cheers
Marty
#10 Posted : Thursday, December 06, 2012 7:07:06 AM
Rank: Veteran

Joined: 3/31/2008
Posts: 761
Location: Nairobi
itz wrote:
Allow me to jump on your post and ask the pros or any surveyors what the average cost is for subdividing land in kiserian to 1/8 plots.Land is about 3 acres.thanks cheers


Around 12k to 15k per plot. I can hook u up with a nice surveyor. Give your email if interested.
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