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{
    "id": 1014079,
    "url": "https://info.mzalendo.com/api/v0.1/hansard/entries/1014079/?format=api",
    "text_counter": 206,
    "type": "speech",
    "speaker_name": "Sen. (Dr.) Zani",
    "speaker_title": "",
    "speaker": {
        "id": 13119,
        "legal_name": "Agnes Zani",
        "slug": "agnes-zani"
    },
    "content": "Most of the time, when things are being put together, it is very easy to forget about the dissolution of those structures when things go wrong, and that is the strongest element of this Bill. Most of the time, we have individuals without the force required. If you go behind most of the off-plan development that have failed in most cases, you will discover that it was run by a family, a group of friends or associates to keep mutating in terms of ownership and who belongs where. When affected individuals want to make a follow up on off-plan development, they are usually told that they dealt with a different organization and given hope that they are now dealing with a different new organization in place. Such instances cause a lot of disorganization and pain when people have invested money on off plan arrangements. Many Kenyans have lost a lot of money to off plan arrangement that have failed to take place. Some of the off plan arrangements that take off normally do not finish within a particular time span that the development should have been concluded and handed over. For example, an off plan investor could be told that the project could be ready within a year, but if a project delays, one is unable to occupy the premises if it is not ready. Sometimes, even after one year, the off plan project will not have taken off and there is no recourse for such developers. When there is a legal entity such as this corporation, which will be tasked with dealing will all these issues, it will help many Kenyans. Subject to this Act, the corporation shall carry out all duties imposed on it by the bylaws that are going to be given. Madam Temporary Speaker, it is also going to make resolutions on all proprietors, otherwise resolve, insure and keep insured buildings and other improvements on the parcel against fire; effect such other insurance as is required by law and pay the premiums in respect of any policies and insurance affected. All these have to do with the protection of those who are going to engage and have units. This is so that they feel confident that they can own these units and exercise their rights on them on the basis of law. This is going to create a lot of order, especially in terms of being able to order properties within this country."
}