Valuers Scale of Fees (Kenya) – Professional Valuation Fees | Land Portal

Resource information

Date of publication: 
January 2018
Resource Language: 

As provided under the Scale of fees, Valuers Act

 

Cap. 532 of the Laws of Kenya.

THE VALUERS (FORMS & FEES)(AMENDMENT) RULES, 2011

1.Urban,  Rating and Agriculture Valuation
First Kshs.  2,000,000 at 1.0 per cent
Residue at 0.25 per cent

2.Compulsory Acquisition Valuation
First Kshs.  2,000,000 at 2.0 per cent
Residue at 0.5 per cent

3. Rental Valuation

First Kshs. 400,000 p.a at 10 per cent
Residue at 5 per cent.

4. Plant,  Machinery  and Automobile, 
First Kshs. 5,000,000 at 1.5 per cent
Residue at 0.5 per cent.

5. Furniture, Fittings, Equipment, Trading Stock and Going Concerns, 
First kshs. 1,000,000 at 5 per cent
Residue at 2.5 per cent.

6. Minimum Valuation  Fees
kshs.15,000 for any valuation.

7.  Consultancy

A minimum of Kshs. 5,000 per hour where such consultancy does not involve carrying out a valuation and compilation of a valuation report and advising on the value of the property.
 

8.Travelling Expenses and disbursements:
These shall be based on the costs incurred in undertaking the valuation.

Downloads

Valuers Act Cap 532

Estate Agents Act 17 of 1984_subsidiary

The Estate Agents Act (Cap 533) – Management

Estate Agents Act 17 of1984

 

Authors and Publishers

Publisher(s): 

Danco Limited is a leading Kenyan based professional real estate consultancy powerhouse providing integrated real estate consultancy services to its esteemed clients. With continuously changing real estate needs, there is need for well rounded professionals to offer real estate consultancy and advisory services. Danco understands the difference between price and value. Value is inbuilt, has character, regenerates, overshadows price and that it is a process and not an event.

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