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{
    "id": 960834,
    "url": "https://info.mzalendo.com/api/v0.1/hansard/entries/960834/?format=api",
    "text_counter": 386,
    "type": "speech",
    "speaker_name": "Kilifi North, ODM",
    "speaker_title": "Hon. Owen Baya",
    "speaker": {
        "id": 13373,
        "legal_name": "Owen Yaa Baya",
        "slug": "owen-yaa-baya"
    },
    "content": "service charge that comes on every month is so high that you wish you do not own it because you cannot afford it. You would rather rent a house because it is like you are paying rent for a property that you own. This Bill proposes to put the management of the property in the hands of the people who have bought it and they own it. It makes it easier to make sober decisions that are thought of very well. I have seen people who are almost being evicted from a property they own because they cannot pay the service charge. If you ask what it entails, they tell you that they are fees, for example, the payment of security firm and people who clean corridors. When they eventually heap all that, you realise that you can actually use the money that you are paying every month to rent a house instead of paying the service charge. The management structure that is proposed in this Bill gives an opportunity to the people who have bought the property to manage it prudently and in such a way that it is economical to stay in there. This brings a new chapter in the management of sectional properties. I know many of these people who develop and manage the properties will complain about this Bill. When we go to the Committee of the whole House, we will see a lot of vested interests in this Bill because it will remove people who have been earning a lot of money out of property. Some of them say that they have lawyers who manage the property who must be paid. They also say that there are estate managers who want to be paid. Everybody wants to be paid by the same people who own the building and yet those people do not have a say. The management structure which is proposed in this Bill gives an opportunity to the owners of the property to manage it. I know my time is up. The other important thing which I must say is vetting of developers. It is not just anybody who can come into this country and develop property. They must be vetted so that we know what they are doing. There is a lot of money laundering in this country through real estate development and development of properties. When we vet developers before they develop properties, we will rescue this country from illicit money that comes and floods our economy and kills it. I thank you for giving me the time to contribute. I support the Bill."
}