- Special Resolution by Shareholders for Authorization of Share Buy-Back
It is a formal decision made by the shareholders of a company at a General Meeting, authorizing the company to purchase its own shares from its members (a “buy-back”).
Under the Companies Act, 2015 (Kenya), a company cannot buy back its own shares unless:
- The Board of Directors first...
- Board Resolution for Authorization of Share Buy-Back
This is a Board Resolution that records the directors’ decision to authorize and recommend a share buy-back, while acknowledging that final approval must come from shareholders through a Special Resolution, as required under the Companies Act, 2015.
Purpose:
To formally empower the company to...
- Board Resolution for Approval to Enter into a Contract/Agreement with a Third Party
It is a formal decision made by the Board of Directors of a company authorizing the company to sign, approve, or enter into a specific contract or agreement with another party (e.g., a supplier, consultant, landlord, or business partner).
It is usually documented in writing, signed by directors...
- Board Resolution for Removal of Company Secretary
A Board Resolution for Removal of Company Secretary is a formal written decision made by the Board of Directors of a company to officially terminate the appointment of its current Company Secretary.
It is documented in writing and entered into the company’s Board Minutes Book.
It states the...
- Form LRA 55 - Consent for Second or Subsequent Charge
It is used when a property already has an existing charge (mortgage/loan security), and the chargor (borrower/landowner) seeks to create a second or subsequent charge over the same land.
The Chargee (first lender) must consent to allow another lender (second or subsequent chargee) to register...
- Form LRA 54 - Informal Charge
An informal charge is a type of land-based security where the Chargor (landowner) deposits title documents or otherwise charges their interest in land to a Chargee (usually a lender, such as a bank) without executing a full formal charge instrument.
The main purposes of this form are:
1. To...
- Form LRA 53 - Charge
It is used when a landowner (the Chargor) formally gives their land as security to a lender (the Chargee) for a loan or other financial obligation.
This form creates a legal encumbrance over the land, giving the lender rights to enforce repayment, including the right to sell the land if the...
- Form LRA 52 - Transfer of Land by a Trustee
It is used when a trustee formally transfers land or property they hold in trust to a transferee (which may be a beneficiary, purchaser, or other entitled party). This form records the actual transfer of ownership from trustee to transferee and ensures the change is reflected in the land...
- Form LRA 51 - Application to Be Registered as a Trustee
Form LRA 51 is a statutory application form used when a person or entity applies to the Land Registrar to be formally registered as a trustee in respect of a parcel of land. This form ensures that the role of the trustee is legally recognized in the land register, allowing them to hold and manage...
- Special Resolution to Change Company Type
A Special Resolution to Change Company Type is a formal decision made by the members (shareholders) of a company, approving the conversion of the company from one legal form to another under the Companies Act, 2015. Unlike an ordinary resolution (which only needs a simple majority), a special...
- Board Resolution for Change of Company Type
A Board Resolution for Change of Company Type is a formal written decision made by the Board of Directors of a company authorizing the process of converting the company from one legal structure to another under the Companies Act, 2015 (Kenya).
Examples of changes in company type include:
1. From...
- Board Resolution for Conversion of Class of Shares
A Board Resolution for Conversion of Class of Shares is a formal written decision made by the Board of Directors of a company authorizing the process of changing one type of share into another.
For example:
1. Converting Preference Shares into Ordinary Shares
2. Converting Redeemable Shares into...
- Paying Guest Agreement
A Paying Guest Agreement is a legal contract between a property owner/host (landlord) and an individual (tenant/guest) who is provided accommodation in the landlord’s premises, usually along with shared facilities such as kitchen, bathroom, lounge, or internet.
Unlike a full lease or tenancy...
- Car Parking Agreement
A Car Parking Agreement is a legal document between a property owner/manager (Lessor) and an individual or company (Lessee) that grants the right to use a specific parking space for a vehicle. It is usually drafted as a licence agreement (not a lease), because it gives permission to park but does...
- Form LRA 50 - Application to Be Registered as Proprietor by Transmission
Form LRA 50 is a statutory application used when a person seeks to be registered as the new proprietor of land by transmissio-that is, through operation of law rather than by sale or voluntary transfer.
This typically arises in succession matters where the property of a deceased registered...
- Form LRA 49 - Transfer by Companies and Limited Liability Partnerships
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...
- Form LRA 48 - Transfer of Land by a Liquidator
Form LRA 48 is used when a liquidator of a company in liquidation transfers the company’s land or property to a purchaser, creditor, or other transferee. This form records the actual transfer of ownership after the liquidator has been duly recognized (through Form LRA 46) as acting on behalf of the...
- Form LRA 47 - General Form of Statutory Declaration
Form LRA 47 is a general-purpose declaration that can be used in support of various land-related applications where the law requires an applicant to formally declare certain facts under oath.
The main purposes of this form are:
To provide a formal sworn declaration in support of applications...
- Form LRA 46 - Application by a Liquidator to Be Noted in the Register
Form LRA 46 is a statutory form under the Land Registration Act and the Land Registration (General) Regulations, 2017 used by a liquidator of a company to apply to the Land Registrar to be officially noted in the land register as the representative of the company in liquidation.
This ensures that...
- Form LRA 45 - Transfer by Trustee on Bankruptcy
Form LRA 45 is an official instrument used when a trustee in bankruptcy formally transfers the interest of an adjudged bankrupt in land/property to a new transferee.
The purposes of this form are:
1. To transfer land/property from the bankrupt estate (managed by the trustee) to a purchaser,...
- Form LRA 8 - Notice of Revocation of a Power of Attorney
Form LRA 8 is an official notice prescribed under the Land Registration Act and the Land Registration (General) Regulations, 2017.
It is used to formally revoke a registered Power of Attorney (POA) that has been filed with the land registry. The form provides legal notice that the authority...
- Form LRA 44 - Transfer by Trustee in Bankruptcy
Form LRA 44 is a statutory form under the Land Registration Act and the Land Registration (General) Regulations, 2017.
It is used when a trustee in bankruptcy applies to be registered in respect of a bankrupt proprietor’s land following a court order. This effectively transfers control of the...
- Form LRA 43 - Transfer by Personal Representative to Purchaser
Form LRA 43 is an official instrument used when a personal representative (executor or administrator of a deceased’s estate) transfers the deceased’s property to a purchaser. This usually happens when estate property is sold to settle debts, meet obligations, or distribute proceeds among...
- Form LRA 42 - Transfer by Personal Representative to Person Entitled under a Will or on Intestacy
Form LRA 42 is an official instrument which is used when a personal representative (executor under a will or administrator under intestacy) transfers the deceased’s property to the rightful heir(s) or beneficiary(ies) after succession is confirmed.
The purposes of this form are:
1. To transfer...
- Form LRA 41 - Notification by Registrar to Personal Representative of an Application for Registration Jointly with Other Personal Representatives
Form LRA 41 is an official notice issued by the Land Registrar to notify existing personal representatives that another personal representative has applied to be registered as a joint proprietor of estate property.
This form acts as an official communication tool to ensure that all personal...
- Form LRA 40 - Application for Registration as Proprietor Jointly with Other Personal Representatives
Form LRA 40 is an official application form prescribed under the Land Registration Act and the Land Registration (General) Regulations, 2017.
It is used when one or more personal representatives of a deceased person’s estate apply to be registered as proprietors jointly with other personal...
- Form LRA 39 - Transfer to the Personal Representative as Executor/Administrator
Form LRA 39 is a statutory form under the Land Registration Act and the Land Registration (General) Regulations, 2017 and is used to formally transfer land or property rights from the estate of a deceased person to their personal representative (either an executor named in a will or an administrator...
- Form LRA 38 - Application for the Removal of the Name of a Deceased Joint Proprietor from the Register
Form LRA 38 is an official form prescribed under the Land Registration Act and the Land Registration (General) Regulations, 2017 in Kenya.
It is used when one of the registered joint proprietors of land has passed away. The surviving joint proprietor(s) apply to the Land Registrar to have the...
- Form LRA 37 - Application for Severance of Joint Ownership
Form LRA 37 - Application for Severance of Joint Ownership is used when joint proprietors of land (owners holding land under joint tenancy) apply to the Land Registrar to sever the joint ownership. Upon severance, the proprietors cease to hold the land as joint tenants and are instead registered as...
- Form LRA 36 - Transfer of Joint Interest
Form LRA 36 - Transfer of Joint Interest is used when joint proprietors of land (co-owners holding land jointly) transfer their joint interest in a parcel of land to another person or entity (the transferee).
The main purposes of Form LRA 36 are:
1. Facilitate joint ownership transfers:...