8 Aug 2019 in National Assembly:
The principle object of the Bill is to provide for the division of buildings into units to be owned by individual proprietors and common property to be owned by the proprietors of the units as tenants in common. The Bill is divided into five parts: Part I is the preliminary and consists of the short title, application and interpretation. The Bill shall apply only in respect of land held in freehold title or on a leasehold title where the unexpired residue of the term is not less than 21 years and there is an intention to confer ownership.
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8 Aug 2019 in National Assembly:
The principle object of the Bill is to provide for the division of buildings into units to be owned by individual proprietors and common property to be owned by the proprietors of the units as tenants in common. The Bill is divided into five parts: Part I is the preliminary and consists of the short title, application and interpretation. The Bill shall apply only in respect of land held in freehold title or on a leasehold title where the unexpired residue of the term is not less than 21 years and there is an intention to confer ownership.
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8 Aug 2019 in National Assembly:
Part II deals with the preparation and registration of sectional plans and units. Clause 4 of the Bill in particular, provides that an existing structure may be designed as a building containing a unit or part of a unit or divided into two or more units by the registration of a sectional plan prepared by a surveyor from a building plan that has been approved by a county government.
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8 Aug 2019 in National Assembly:
Part II deals with the preparation and registration of sectional plans and units. Clause 4 of the Bill in particular, provides that an existing structure may be designed as a building containing a unit or part of a unit or divided into two or more units by the registration of a sectional plan prepared by a surveyor from a building plan that has been approved by a county government.
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8 Aug 2019 in National Assembly:
Part III deals with the establishment of a corporation known as the “owners sectional plan number”. The corporation shall consist of all the owners of the units. Clause 20 provides the duties of the corporation, which shall consist of controlling and managing common property. The corporation shall maintain a fund for administrative expenses. A corporation shall have a board of management that shall be constituted as provided by the by-laws of the corporation.
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8 Aug 2019 in National Assembly:
Part III deals with the establishment of a corporation known as the “owners sectional plan number”. The corporation shall consist of all the owners of the units. Clause 20 provides the duties of the corporation, which shall consist of controlling and managing common property. The corporation shall maintain a fund for administrative expenses. A corporation shall have a board of management that shall be constituted as provided by the by-laws of the corporation.
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8 Aug 2019 in National Assembly:
In Part IV, the Bill contains provisions on matters relating to units, including their sale, the entering of a management agreement and renting of the units. Clause 43, and I want Hon. Members to listen to me carefully, provides that a developer shall not sell or agree to sell a unit or proposed unit unless the developer has delivered to a purchaser a copy of the purchase agreement, the by-laws or proposed by-laws and the management agreement among other things.
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8 Aug 2019 in National Assembly:
In Part IV, the Bill contains provisions on matters relating to units, including their sale, the entering of a management agreement and renting of the units. Clause 43, and I want Hon. Members to listen to me carefully, provides that a developer shall not sell or agree to sell a unit or proposed unit unless the developer has delivered to a purchaser a copy of the purchase agreement, the by-laws or proposed by-laws and the management agreement among other things.
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8 Aug 2019 in National Assembly:
Hon. Temporary Deputy Speaker, if you allow me, I will go back to this. It is important that Members relook at Clause 43, which proposes that the developer shall not sell or agree to sell a unit or proposed unit unless the developer has delivered to a purchaser a copy of the purchase agreement, the by-laws or proposed by-laws and the management agreement among other things. This is very important because developers, many times, have been entering agreements without many of these management agreements being put in place. The electronic version of the Official Hansard Report is for information purposes ...
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8 Aug 2019 in National Assembly:
Hon. Temporary Deputy Speaker, if you allow me, I will go back to this. It is important that Members relook at Clause 43, which proposes that the developer shall not sell or agree to sell a unit or proposed unit unless the developer has delivered to a purchaser a copy of the purchase agreement, the by-laws or proposed by-laws and the management agreement among other things. This is very important because developers, many times, have been entering agreements without many of these management agreements being put in place. The electronic version of the Official Hansard Report is for information purposes ...
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