DIFFERENCE BETWEEN LAND RENT & LAND RATE
Land Rent is a levy imposed on leasehold parcels of land where the annual rent has been reserved at the time the grant is being issued, and it’s payable to the Ministry of Lands and Physical Planning.
Land Rent is a levy imposed on leasehold parcels of land where the annual rent has been reserved at the time the grant is being issued, and it’s payable to the Ministry of Lands and Physical Planning.
Are you a Kenyan living abroad with an eye on investing back home, or a professional in real estate, finance, or insurance sector seeking fresh opportunities?
After understanding the meaning of the term land rent, it will now be easier to state the types of Land rents that exist.
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