Property Developers Tag

A current Supreme Court judgment affects the way termination terms in JCT contracts are understood, and changes the allocation of risk for contractors and clients on building projects that cross national boundaries. Statistics in the industry show that roughly a quarter of international projects have termination problems. Investors, and project funders operating in Kenya, Britain, and the EU...

Introduction. A citizen of Kenya can possess land under the freehold or leasehold tenure system. A foreign investor is restricted to a leasehold interest only for a maximum of 99 years, but under freehold, the land interest automatically reverts to a leasehold interest.  The summary below discusses the process of purchasing land. Due diligence. Due diligence is crucial for an...