Offer to Sell Property By Owner

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Document Overview

An Offer to Sell Property by Owner is a formal written proposal made by the owner of land, a house, or any real estate property in Kenya to a potential buyer.
It expresses the seller’s clear intention to sell a specific property at a stated price and under specified terms and conditions.

This document typically precedes the formal Sale Agreement and is used to initiate negotiations or confirm serious intent between parties before involving advocates for contract preparation.

Purpose:
1. It clearly communicates the owner’s willingness and readiness to sell the property.
2. It sets out the proposed conditions of sale such as payment method, deposit, completion period, and transfer obligations.
3. It allows the buyer to undertake searches, inspect the property, and verify ownership details before committing to the purchase.

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Offer to Sell Property By Owner

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