Conveyancing is the legal process of transferring ownership of property from one person to another. It is a complex process, and mistakes can have serious consequences. Here are some conveyancing mistakes to avoid in Kenya:
- Not Conducting a Property Search: Conducting a property search is an important part of the conveyancing process. It helps to identify any issues with the property, such as disputes, liens, or encumbrances. Failure to conduct a property search can lead to unforeseen legal issues in the future.
- Not Reviewing the Contract: Reviewing the contract is crucial to ensure that all terms and conditions are favorable and legally binding. Failure to review the contract carefully can lead to misunderstandings and disputes later on.
- Not Verifying Ownership: Verify that the seller has the legal right to sell the property. Verify the title deed to ensure that the seller is the legal owner of the property and that there are no outstanding liens or encumbrances.
- Not Getting the Necessary Approvals: Obtain all necessary approvals from relevant authorities, such as the land registrar, local authorities, and the Ministry of Lands. Failure to get the necessary approvals can lead to delays and legal issues.
- Not Paying Taxes and Fees: Pay all relevant taxes and fees, including stamp duty, registration fees, and land rent. Failure to pay taxes and fees can lead to legal issues and fines.
- Not Using a Conveyancing law firm: A conveyancing lawyer can provide expert advice and guidance throughout the conveyancing process. Failure to use a conveyancing lawyer can lead to mistakes and legal issues.
In conclusion, avoiding conveyancing mistakes in Kenya requires careful attention to detail and a thorough understanding of the legal process. Work with a qualified conveyancing firm and conduct all necessary checks and verification to ensure a successful and legally binding property transfer.