Total price: will be provided depending on the property under sale

Deposit: shall vary depending on the value of the purchase price, payable on execution of the agreement.

Balance: can be paid in cash or within a 4 months payment plan; in monthly installments.

Late installment attracts 1% penalty per month on the outstanding amount.

Completion is within four months of signing the agreement.

Title deed shall be issued in Purchaser’s name within 60 days of full payment.

If Vendor fails to transfer title, the Purchaser may rescind and claim a refund.

Vendor sells as legal and beneficial owner.

Interest sold is freehold or Leasehold; depending on the location of the land

Sold subject to existing easements, rights of way, reservations, covenants, and conditions.

Otherwise, transferred with vacant possession and free from encumbrances.

Outgoings are apportioned as at completion date.

If the Purchaser defaults: the Vendor may rescind after 21 days’ notice and retain amounts paid, with option to transfer funds to a different project or refund after resale (deductions apply).

If the Vendor defaults: the Purchaser may give 21 days’ notice and thereafter demand refund or seek specific performance.

The Law Society Conditions of Sale (2015 Edition) apply.

Purchase price is inclusive of stamp duty, legal, and registration costs, which the Vendor must remit.

No amendment shall be valid unless signed by both parties.

Notices must be in writing and delivered to the party’s advocates.

Rights and remedies are cumulative.

Invalidity of one clause does not affect the rest.

A sale agreement shall be drafted, incorporating all the above-mentioned terms and that entire agreement shall override all prior representations.

The sale transactions are governed by the Land and Contract Laws of Kenya.