freehold land Kenya

5 TYPES OF LAND RENT

5 TYPES OF LAND RENT

After understanding the meaning of the term land rent, it will now be easier to state the types of Land rents that exist.

DIFFERENCE BETWEEN LAND RENT & LAND RATE

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.

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