{UAH} can a foreigner have rights to own Kabaka's Land
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1:04 AM |
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Yes. A foreigner can get a lease land title on Kabaka's land. All foreigners by law are supposed to be leaseholders. What to know on Kabaka' land.
1. If you are buying a Kibanja on Kabaka's land, ensure that whoever sells to you pays Kanzu (consent to sell). If they don't pay it, you end up paying it since the law states that if a kibanja is exchanged without a consent from the land Lord, the transaction is null and void. However, Buganda Land Board gives the buyer a chance to pay for the consent if the seller never paid for it. To avoid the one selling to you the Kibanja running away with the consent to sell(Kanzu), make sure that the transaction takes place at the office of Buganda Land Board.
2. When buying a Kibanja, ensure that you get EBBALUWA ENTONGOLE from Buganda Land Board. EBBALUWA ENTONGOLE confirms transfer of the Kibanja ownership from the one who sold to you into your names. If that is not done, someone can turn around and claim ownership of a Kibanja they already sold to you.
3.If you live on Kabaka's land, register it with Buganda Land Board. That helps you to secure your kibanja from being claimed by anyone else.
4.You can get a land title on Kabaka's land through banks using a product called Lease Access Financial Initiative. The advantage with that, banks finance you to get the land title. They then also give you money to develop your land. The, a repayment plan is drawn. It is always easy to pay back a loan when you have a source of income.
People are using this to build rentals, schools, factories, ware houses.
The land title is a lease with automatic renewal. If you get a 99yr automatic renewal lease, to me, it is more less like absolute ownership.
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1. If you are buying a Kibanja on Kabaka's land, ensure that whoever sells to you pays Kanzu (consent to sell). If they don't pay it, you end up paying it since the law states that if a kibanja is exchanged without a consent from the land Lord, the transaction is null and void. However, Buganda Land Board gives the buyer a chance to pay for the consent if the seller never paid for it. To avoid the one selling to you the Kibanja running away with the consent to sell(Kanzu), make sure that the transaction takes place at the office of Buganda Land Board.
2. When buying a Kibanja, ensure that you get EBBALUWA ENTONGOLE from Buganda Land Board. EBBALUWA ENTONGOLE confirms transfer of the Kibanja ownership from the one who sold to you into your names. If that is not done, someone can turn around and claim ownership of a Kibanja they already sold to you.
3.If you live on Kabaka's land, register it with Buganda Land Board. That helps you to secure your kibanja from being claimed by anyone else.
4.You can get a land title on Kabaka's land through banks using a product called Lease Access Financial Initiative. The advantage with that, banks finance you to get the land title. They then also give you money to develop your land. The, a repayment plan is drawn. It is always easy to pay back a loan when you have a source of income.
People are using this to build rentals, schools, factories, ware houses.
The land title is a lease with automatic renewal. If you get a 99yr automatic renewal lease, to me, it is more less like absolute ownership.
"When a man is stung by a bee, he doesn't set off to destroy all beehives"
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