The Sectional Properties Act 2020 ("Act") was enacted in 2020 to align with the provisions of the Constitution of Kenya, 2010 and the land laws enacted in 2012. Subsequently, the Cabinet Secretary for the Ministry of Lands and Physical Planning gazetted the Sectional Properties Regulations ("Regulations") on 16 November 2021. Please read the frequently asked questions (FAQs) on the Act and the Regulations below.
Loice Erambo advises on real estate and finance transactions. She has assisted various developers, buyers and financial institutions on land and finance matters. Notable assignments include an advisory on the development of a mall in Karen in Nairobi, Kenya; planning and legal compliance advisory on the proposed development of Railway City; and due diligence transactions for several banks.
Loice also has a background in corporate & commercial law practice and additionally advises on project finance ventures.
She is also a Certified Secretary and is a member of the Institute of Certified Secretaries.
Experience has included advising:
- A bank involved in an acquisition of another bank, of the target’s portfolio following conduct of due diligence on the target’s loan books.
- A church organization on the development of a Mall and leasing of rental spaces
- A state corporation on planning and legal compliance in the development of a smart city
- A large manufacturer on the sub-division and sale of high-end commercial plots
- Advocate admitted to the High Court of Kenya
- Certified Secretary, Kenya
- Kenya School of Law, Diploma in Law (2014)
- University of Nairobi (2013)
Prior Experience (Optional)
- 2020 to date, Senior Associate, IKM Advocates, DLA Piper Africa in Kenya
- 2017 to 2020, Head of Commercial, Conveyancing & Corporate Secretarial departments, Nairobi based law firm
- 2015 to 2016, Associate, Nairobi based law firm
- Member of the Law Society of Kenya
- Member of the East African Law Society
- Member of the Institute of Certified Secretaries
The Cabinet Secretary for National Treasury and Planning recently published the Stamp Duty (Valuation of Immovable Property) Regulations, 2020 and the Stamp Duty (Amendment) Regulations, 2020 with the objective of simplifying land transactions in Kenya as part of the “ease of doing business” initiative. The key highlights of these regulations are set out below.
In the wake of the spread of the COVID-19 global pandemic, the real estate and loan markets in Kenya are bound to be affected. On 16 March 2020, H.E. Uhuru Kenyatta, the President of Kenya revealed that three (and now 25) patients had tested positive for the virus culminating in presidential directives towards preventing its spread to the rest of the population