Sending money to any mobile network in Kenya – Zap, Zain Kenya

1. G to Zap menu
2. Choose Money option
3. Choose “To phone number” option and enter the recipients phone number
4. Enter amount
5. Confirm transaction
6. Enter your 4 digit Zap password and press OK / Send

The sender will receive a confirmation SMS with the following information:
-Transaction ID
-Amount sent
-Recipient’s phone number
-Zap balance
-PIN number

The recipient is required to go to the nearest Zap outlet or Zain center to withdraw the money received.

Guide to buying Land in Kenya

What are the payment terms for properties?
For most properties, payment is in form of a 10% deposit and the balance within 60-90 days. Payment can be in form of cheque, banker’s draft or telegraphic transfers.

How can I obtain financing in Kenya?
Financing for purchase of a property can be obtained from Banks, Building Societies or Mortgage   Companies in Kenya.

How does a non-resident buy property in Kenya?
The best and the easiest way to buy property as a non-resident is to appoint a lawyer in Kenya who can act on your behalf. Your lawyer will arrange to have the sale agreement signed by you and will also undertake to get the title of the property transferred into your name.

What is the difference between a freehold and a leasehold title? What effect does this have on the property or the purchaser?
A freehold title gives the owner absolute proprietorship over the land in perpetuity. Leasehold property is held on a government lease for a specified period, usually 50 or 99 years. At the end of this period, the landowner applies for an extension of the lease, which is usually granted. The extension process takes approximately 6 months.

Both freehold and leasehold land is subject to City Council Rates which is usually a fraction of the unimproved site value. However, leasehold is further subject to Land Rent, based on the size of the land.

Although a freehold title would be of distinct advantage, a leasehold title bears no specific disadvantage to the purchaser. However, in applying for loans or mortgage finances, most financial institutions require a remainder of at least 50 years on the leasehold. This may be something to watch out for.

Source: http://www.information.go.ke

How to Transfer or Change of Ownership of Motor Vehicles or Trailers – Kenya

A buyer of a second hand motor vehicle is expected to apply for transfer of change of ownership to their name within 14 days of purchase

Following are the requirements for transfer of ownership of motor vehicles and trailers:

• A duly filled and signed Transfer form “C“ obtained from the Road Transport offices in Times Tower, Nairobi, Customs House, Mombasa or the District Commissioners office or download it here.
  The logbook: one is expected to fill up the first vacant ‘change’ giving his/her full name, address and signature.
• Copies of National Identity card or passport of both buyer and seller or a Certificate of Business Registration in the case of corporate bodies.
• Valid insurance cover.
• Both purchase tax and transfer fee in accordance with the engine capacity rating of the vehicle.
• Pin cards of both seller and buyer.

The above mentioned documents should be lodged at the Road Transport Offices at Times Tower, Nairobi and Customs House, Mombasa or at any District Commissioners Offices.

**Click Here to download Transfer form “C” (*requires an Acrobat Reader)