THE STANDARD
REAL ESTATE
Apartment building in Nairobi. [Courtesy]
This law provides for independent ownership of floors in apartments. That means that just as one can hire a floor in a building, so can they buy it. Once they do, they are issued with a certificate of title; they are recognised as legal owners of those individual floors.
However, the individual proprietors of the units together own the building. As such, they have common property.
This includes swimming pools, parking bays, gardens, club house and even walls and roofs. The common property is to be managed by a corporation that is established by law.
Sectional-properties-act
Real-estate
Housing
Title-deed
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