In a world where owning a home/asset(s)/Property tops a majority’s list of priorities, we all agree that getting the property/home/asset is just one part of it. Being in a financial position to acquire the asset/home is the part that matters most.Yet, most people, though not able to fully settle the principal amount/purchase price for the asset at the onset can acquire assets through other ways such as...
Investing in real estate can be a lucrative venture, and one of the most promising options in Kenya is off-plan properties. Off-plan properties are purchased before construction is completed, often at a discounted price.
The Capital Markets Authority requires REITs in Kenya to distribute at least 80% of their earnings to unit holders as dividends.
While the home-buying process involves several important choices, one of the very first decisions buyers need to make is whether to shop for an existing home or build a new one. This is always a huge financial decision to make.
Since its inception in 2008, Airbnb has taken the global market by storm. In 2018, a report by the Airbnb platform ranked Nairobi third, among the top cities in Africa with the highest number of listed Airbnb facilities. Currently, Kenya ranks in the top ten most visited and trending tourist destinations in Africa despite the Covid pandemic that disrupted many businesses in the country. In 2021, the Tourism Regulatory Authority (TRA) enacted new regulations on the registration and licensing of Airbnb facilities in Kenya. The regulatory stated that the new regulations were prompted by the dynamic and emerging traveler trends that necessitated different concepts in the local and global spheres.
Airbnb was formerly referred to as “Air bed and breakfast” and was created in 2008 as a cheaper means of accommodation for the average customer of the hotel industry.
Unlock the secrets to streamlined construction approvals in Kenya! Dive into the essentials, from building plans to fire safety compliance. Discover key certifications like NEMA, NCA, and public health. Learn about agency synchronization and explore a vision for a centralized approval process. Navigating construction approvals has never been more efficient!
Airbnb was formerly referred to as “Air bed and breakfast” and was created in 2008 as a cheaper means of accommodation to the average customer of the hotel industry. It’s an online platform that connects individuals who want to rent out their homes to people who are looking for accommodations in that locale. It currently covers more than 100,000 cities and 220 countries worldwide and justifiably...
Dive into the world of tenancy in common according to the Land Act, where co-owners maintain individual property stakes. Uncover its attributes, methods for conclusion, and the legal presumption in cases of unspecified ownership.
Learn about joint tenancy and tenancy in common, two distinct co-ownership arrangements for shared property. Discover key differences such as the right of survivorship, unity of possession, interest, title, and time.
