KEY FACTS OF REAL ESTATE ACQUISITIONS UNDER KENYAN LAW -
I. STANDARD FORMS OF AGREEMENTS -
A. The transaction usually begins with a letter of offer from the seller setting out the purchase price, completion period, description and details of property and any other salient terms of the intended purchase. The purchaser is given a time within which he may or may not accept the offer. Issuance of letters of offer is not mandatory, however if the letter of offer and acceptance is made it may be deemed to be a contract.
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