Initial investors are often unable to purchase land without taking on some type of partner. Combining assets and dividing the costs can make land ownership affordable.Food plot supplies, equipment and work can also be shared.But humans don’t always share well. You have to plan for disagreements, no matter how unlikely you think they are to arise.
Like any business deal, it comes down to picking the right partner(s) and establishing a plan for how you will operate as a group. The owners need to share the same vision for the land. It’s important to come to agreements on issues, such as,how payments will be made, what happens if someone falls behind payments or passes away. Do this before any purchase is made. Then, visit a real estate lawyer to get all these agreements in writing.
Typically, in partnerships where individuals own equal shares of the land and new issues arise that are not in the legal agreements, voting is how decisions are made.
There are several ways land partnerships can be set up legally.The most common are putting multiple names on the title thus establishing an equal possession of the land.
At Ndatani enterprises we have proposed an equally affordable way to purchase our schemes without a hassle if you already have a group or planning for one.We offer terms of payments from paying in cash in a discounted price to paying in instalments or getting financed by a bank.You can arrange to pay a 30% deposit of the land price and start paying via mpesa till number in daily basis for as low as kshs.500 per month per group member in a half year highly reducing the debt.Our schemes are basically in Embakasi-utawala area,Kangundo road,Syokimau,Athi river,Kajiado and Mombasa.
Visit our website at www.ndatani.com or call 0703 845 620 for enquiries and more assistance.
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