Form LRA 49 - Transfer by Companies and Limited Liability Partnerships

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Document Overview

Form LRA 49 is specifically designed for companies and limited liability partnerships (LLPs) to transfer their legal (and beneficial) ownership of land to another party.

The main purposes of this form are:
1. To legally transfer land/property from a registered company or LLP to another entity or individual.
2. To ensure that such transfers comply with the corporate governance requirements of companies and LLPs (such as sealing, directors’/secretary’s execution).
3. To protect both the transferor (company/LLP) and transferee by ensuring the transaction is properly recorded in the land register.
4. To provide a formal and verifiable record of ownership change involving corporate entities under Kenyan land law

To successfully complete and register a transfer under Form LRA 49, the following are required:

1. Property and Transaction Details
- Title number of the property being transferred.
- Date of transfer.
- Details of transferor (company/LLP) and transferee.
- Consideration (purchase price or other value).
2. Execution by Transferor (Company/LLP)
3. Execution by Transferee
4. Certification of Execution
- A certificate of verification signed by an advocate, notary, or other authorized officer, confirming that the parties appeared before them, were identified, and signed voluntarily.
5. Registrar’s Endorsement
- Registration, seal, and official signature of the Land Registrar to complete the transfer

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Form LRA 49 - Transfer by Companies and Limited Liability Partnerships

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