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Law Society Conditions of sale - What they say?
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Kwanini
#21 Posted : Thursday, August 12, 2010 2:49:00 PM
Rank: Member

Joined: 1/28/2009
Posts: 353
Location: Cloud
@everyone- i really appreciate your time and feedback. But its the Creator of the Yam and the Knife who will bless you accordingly. However since "To those to whom much has been given much will be required", son of uganda, weka number yako, the verbosity helped a great deal. Its only that i dont have enough to go round and thought SK charity would suffice.
"For i am the master and the captain of my fate"
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muganda
#22 Posted : Thursday, August 12, 2010 3:00:23 PM
Rank: Elder

Joined: 9/15/2006
Posts: 3,907
Wewe @Kwanini a true nobleman. All in jest my good man. No wonder lawyer wanted to run with your money... Glad I can always meet you on Wazua to chat! smile
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wazua
#23 Posted : Tuesday, August 17, 2010 4:00:16 PM
Rank: Administration

Joined: 11/19/2009
Posts: 679
Dear Members,
Kwanini wrote:
@wazua- i may not be very well endowned, but as a sign of appreciation, can i mpesa a little something for you to donate towards your annual Mbuzi and or Sk Charity?
Thanking @Kwanini for the generous contribution, which was duly matched and forwarded to @leona of SK/Wazua Charity club to aid a greater cause. Welcome to Wazua.
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lisaox
#24 Posted : Tuesday, August 17, 2010 4:52:18 PM
Rank: Member

Joined: 7/4/2010
Posts: 118
My two cents Law Soc conditions for sale are simply certain conditions that govern sellers and buyers when dealing with conveyance of land.They are almost always quoted in agreements for sale of land.They are about 6 pages,not much,i can send you copy.Anyway,they have detailed terms which have been used as governing sale contrtacts for land UNLESS otherwise different terms are specifically incorporated into the agreement for sale. SO if your contract was silent regarding how or through whom paymnt for the land is to be done,the conditions will govern this particular aspect.let me know if you want a pdf copy. If you need anymore legal advice,uliza mimi on wazua,am a lawyer lookin for a job so am sure I'll have a bit of time to give some general advice for starters anyways as i develop network akin to safaricoms!
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mozenrat
#25 Posted : Tuesday, August 17, 2010 5:01:12 PM
Rank: Veteran

Joined: 5/18/2008
Posts: 796
lisaox.. Please sambaza pdf to ratenmozen (at) gmail dot com
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Kwanini
#26 Posted : Tuesday, August 17, 2010 6:21:58 PM
Rank: Member

Joined: 1/28/2009
Posts: 353
Location: Cloud
lisa@ tafadhali sambazia wajameni@gmail.com Mungu akuruzuku
"For i am the master and the captain of my fate"
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Shiznit...
#27 Posted : Tuesday, August 17, 2010 10:51:36 PM
Rank: Member

Joined: 1/15/2007
Posts: 19
pls forward me a copy @ princesokam at gmail dot com really appreciated will come in handy.... kindest regards,
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Hunderwear
#28 Posted : Thursday, December 12, 2013 8:55:40 PM
Rank: Member

Joined: 4/14/2011
Posts: 639
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tom_boy
#29 Posted : Thursday, February 13, 2014 1:39:39 PM
Rank: Member

Joined: 2/20/2007
Posts: 767
For those Wazuans who may be in the know, when purchasing a flat in one of these developments, there is something called "reversionary interest". Hii ni mnyama gani and how does it arise? How is the worth of this interest determined and why is a buyer charged for transfer of reversionary interest to the management company?
They must find it difficult....... those who have taken authority as the truth, rather than truth as the authority. -G. Massey.
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mkonomtupu
#30 Posted : Thursday, February 13, 2014 3:39:19 PM
Rank: Veteran

Joined: 2/10/2010
Posts: 1,001
Location: River Road
tom_boy wrote:
For those Wazuans who may be in the know, when purchasing a flat in one of these developments, there is something called "reversionary interest". Hii ni mnyama gani and how does it arise? How is the worth of this interest determined and why is a buyer charged for transfer of reversionary interest to the management company?
It's simply means that because the owner of the land only has a 99 year lease after which the person on the title is either supposed to apply to government to extend the lease or demolish your building and the land is given to someone else to develop it. The reversionary interest is the right given to your management company to apply for extension of your 99 year lease from the government. In grogon area the leases were extended for 30-40 years so pay for it so that your grandchildren can continue staying in your flat
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