June 15, 2024

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Optiven: This is the Process Of Land Acquisition In Kenya

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Optiven Limited is a real estate company in Kenya that specializes in the sale of land, properties, and construction of homes.The company was established in 1999 and has since grown to become one of the leading real estate companies in the country.

Optiven’s primary focus is on the sale of affordable, high-quality land and properties to individuals and companies.

The company offers a wide range of properties, including residential, commercial, and industrial land. It also offers customized construction services to its clients, from design to completion of the construction process.

Optiven has won numerous awards for its work in the real estate sector, including the Best Land and Investment Company in Kenya, Best Customer Care Company, and Best SME Company in Kenya.

The company is also committed to corporate social responsibility, and it has been involved in various initiatives to support education, health, and environmental conservation.

For example, Optiven has sponsored the construction of classrooms, donated books to schools, and supported clean-up campaigns in various parts of the country.

The company is a reputable real estate company in Kenya, known for its quality services, innovative solutions, and commitment to social responsibility.

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The process of buying land in Kenya involves several steps, which are aimed at ensuring that the buyer obtains a clear title to the property and that the transaction is conducted in a legally binding and transparent manner.

Here are some of the steps that is being followed while investing with Optiven limited

Identify the property: The first step in buying land in with Optiven is to identify the property you want to buy. You can do this by searching for properties online by yourself, your legal team or or through visiting Optiven offices where you are being guided.

Conduct due diligence: Before making an offer, it’s important to conduct due diligence on the property to ensure that it has a clean title and that there are no legal or other issues that may affect the transaction.

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Optiven being one of the most transparent real estate companies allow investors to do the due diligence by hiring their independent lawyer to conduct a search at the relevant land registry and verify the ownership and other details of the property.

Make an offer: Once you are satisfied with the property, Optiven gives you price catalogue on the property on sale and list of social amenities that are within the property on sale

At Optiven limited, customers are allowed to pay on what they call lipa Mdogo Mdogo mode within the agreed time and later the investor is issued with a title deed.

Prepare the sale agreement: The sale agreement is a legal document that sets out the terms and conditions of the sale, including the purchase price, payment terms, and any conditions that must be met before the sale can be completed.

In the above process, Optiven advises that it’s important to have a lawyer prepare and review the sale agreement to ensure that it’s legally binding and protects your interests.

Pay the purchase price: Once the sale agreement is signed, you will be required to pay the purchase price as agreed. This can be done through a bank transfer or a cheque.

Transfer of ownership: The final step in the process is the transfer of ownership of the property from the seller to the buyer. This is done by registering the transfer at the relevant land registry and paying the applicable stamp duty and transfer fees.

Overall, the process of buying land in Kenya can be complex and time-consuming, and it’s important to work with a qualified lawyer and real estate agent like Optiven limited led by George Wachiuri  to ensure that the transaction is conducted legally and transparently.

Invest with Optiven

Tel: 0790 300300

Email: info@optiven.co.ke

 

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