When a debenture is used to create a security interest, the terms of the debenture will typically set out the enforcement procedure and provide for the appointment of a receiver and/or manager to undertake the procedure.

What is a Guarantee? A contract of guarantee is an accessory contract, by which the surety undertakes to ensure that the principal performs the principal obligations.

Debt restructuring is a process wherein a company or an entity experiencing financial distress and liquidity problems refinances its existing debt obligations in order to gain more flexibility in the short term and make their debt load more manageable overall.

Before a land owner can undertake development on their land, they will in most cases than not be required to apply for planning approvals and building/project permits.

Must Do Before Dealing With A Charged Property

Section 2 of the Landlord and Tenant (Shops, Hotels and Catering Establishments) (Chapter 301) (Hereinafter referred to as the “Act”)...

An agreement for sale is a legally binding document executed between two parties and that clearly outlines the terms and conditions for the sale of a property.

Cautions and restrictions are instruments through which dealings in land can be curtailed until the happening of a certain event.

Over the years, there has been an increase in the number of foreigners seeking to own land in Kenya either for investment or residence.

It is not uncommon in commercial leases, for landlords to demand that the directors of the company or body corporate taking out the lease...