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LAND REFORMS IN KENYA: GAINS & CHALLENGES ONE YEAR INTO IMPLEMENTATION

Reports & Research
Julio, 2011
África
Kenya

On 27th August 2010, Kenya’s new constitution was promulgated. This set in place a process of implementation through the enactment of different legislations and setting up of new institutional frameworks as envisaged in the new constitutional dispensation. For the land sector, far reaching legal and institutional reforms are envisaged in Chapter 5 of the constitution. The Chapter on Land and Environment also lays out broad principles through which land and the environment shall be managed.

New valuation fees push up the cost of land and homes

Journal Articles & Books
Julio, 2011
Kenya

The cost of buying land and homes is set to rise significantly as the market factors in new valuation charges that have more than doubled for most asset classes.

Lands minister James Orengo introduced the new charges through an amendment to the forms and fees section of the Valuers Act, paving the way for their application in the property market beginning this month.

Valuation fees for certain classes of land or homes have increased by up to 400 per cent, piling upward pressure on sale prices.