termination clauses kenya Archives

Share Purchase Agreements in Kenya: Essential Clauses and Legal Protection

Share Purchase Agreements in Kenya: Essential Clauses and Legal Protection A Share Purchase Agreement (SPA) is the cornerstone of any sale or acquisition of company shares in Kenya. Whether you’re an investor buying into a Kenyan business or a founder exiting, the SPA sets out each party’s rights, duties, and protections. In Kenya, poorly drafted …

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Understanding Management Companies in Sectional Developments: Roles, Powers & Legal Limits

Understanding Management Companies in Sectional Developments: Roles, Powers & Legal Limits As apartment living and gated communities become more common in Kenya—particularly in Nairobi, Mombasa, and other urban centers—the demand for well-structured property management continues to grow. The Sectional Properties Act, 2020 provides a legal framework for managing shared spaces in developments through Corporations (Bodies …

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