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Sn 1 EP 06: The Ultimate Beginner’s Guide to Understanding Property Encumbrances in Kenya
So, what exactly is a property encumbrance? Simply put, it's a claim or a burden on a piece of real estate that affects the owner's ability to use or sell the property. There are many different types of encumbrances, including cautions, caveats, charges, liens, easements and more.
Did you know that a registered lease whose term is unexpired serves the same purpose as any other type of encumbrance? Well, neither did we!
Did you know that the Government can place a restriction on a property that may be the subject of disputed ownership, property that may be the subject of compulsory acquisition, or that may be the subject of fraud or that may have been acquired using illegal proceeds?
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By Real Estate Guru- Kenya | Property Investment Roadmaps & Consulting | Land Leasing | Property Listing | Buyer Agency | Custodial ServicesSo, what exactly is a property encumbrance? Simply put, it's a claim or a burden on a piece of real estate that affects the owner's ability to use or sell the property. There are many different types of encumbrances, including cautions, caveats, charges, liens, easements and more.
Did you know that a registered lease whose term is unexpired serves the same purpose as any other type of encumbrance? Well, neither did we!
Did you know that the Government can place a restriction on a property that may be the subject of disputed ownership, property that may be the subject of compulsory acquisition, or that may be the subject of fraud or that may have been acquired using illegal proceeds?