Major Land Acquisition Deal

Midenga and Company Advocates facilitated a major commercial land acquisition transaction involving the purchase of a prime forty-acre parcel in Nairobi's rapidly developing satellite city. The transaction, valued at over KES 800 million, required navigating complex title verification processes, resolving historical encumbrances, securing regulatory approvals, and coordinating with multiple stakeholders including county government authorities, financial institutions, and surveyors.

The complexity of this transaction stemmed from the property's history, which included multiple previous transactions, unresolved boundary disputes with neighbouring landowners, and outstanding land rates owed to the county government. Our conveyancing team conducted exhaustive due diligence, including searches at the Lands Registry, the County Government records, and the Kenya Revenue Authority, to establish a clear chain of title and identify all encumbrances affecting the property.

We negotiated with the vendor to resolve outstanding issues prior to completion, including the settlement of land rates, the resolution of boundary disputes through re-surveying and boundary agreements, and the discharge of existing charges. Our team also coordinated the financing arrangements with the purchaser's bank, ensuring that all conditions precedent to the drawdown of the facility were satisfied within the agreed timeline.

The transaction was completed successfully within four months, with the transfer registered and the purchaser obtaining a clean title free of all encumbrances. This deal demonstrates our firm's capacity to handle complex, high-value property transactions efficiently while protecting our clients' interests at every stage of the process.