Real estate resource centre
Real estate resource centre
Real estate resource centre
1. WHAT IS A “COMMUNITY” ? A Community is a group of people with common ancestry, culture, language or similar interests (Community of interests). 2. WHAT IS “COMMUNITY OF INTERESTS” ? This is group of people enjoying common rights, privileges, interests or living in the same place. 3. WHAT ARE CUSTOMARY LAND RIGHTS? They are…
Read MoreYou Don’t have to Fail in Business Some statistics suggest up-to 90% businesses in sub-Sahara Africa fail. You don’t have to form these statistics of failed business. What you don’t learn through coaching and mentorship, you’ll learn by experimentation. While experiments have their undeniable place, at times the approach may cost you time, money, relationships… via…
Read MorePROS Superb interior space, advanced infotainment and safety tech, good value for money CONSRide is a bit firm, interior is rather drab and plasticky, diesel is noisy The new Nissan Note is a modern-looking, well-built small car that’s a little larger than a conventional supermini but the benefits of this come in the exceptional space… via…
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When one needs to extend or renew a land lease an application is first lodged at the relevant County Government office within which the land is located. This means that the County Land Management Boards (CLMB) of the NLC will play a vital role. Before the same is approved the application is considered by the…
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WHAT IS LEASE RENEWAL? Renewal of lease is granted by the government through the NLC when the lessee applies for an extension of term after the existing term has expired. For example in the above case if the lessee applies for an extension after 1st January 2019 at the time when his lease expires then…
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WHAT IS LEASE EXTENSION? A Lease extension is granted by the government through the National Land Commission (NLC) when the lessee applies for an extension of term before the existing term has expired. A good example is the question above where the lease term of 99 years with effect from 1st January, 1920 still has…
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A lease is an interest in land for a specific period of time and subject to payment of rent. Likewise there are also restrictions or conditions imposed by the lessor (land lord) to the lessee (tenant) on what he/she can do with the land. For example in the question above the person holding the 99…
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