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General questions

Q:What is the purpose of the property investment group?

A: The purpose of the group is to build and buy property together.

Q: How do I become a member of the group?

To become a member, you must pay a fee of 3000 Kenyan shillings via pay bill 702876

Q: How long is the offer to join the group valid for?

A: The offer to join the group is valid for 5 years, subject to changes in the cost of land for the project you are interested in.

Q: What happens if I am late in paying the required fee?

A: If you are late in paying the required fee, you may lose your offer on the current project and may only be able to purchase a unit if it is still available. If it is not available, you will be placed on the waitlist for the next project.

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Q: How much of the cost of the unit must be paid upfront?

A: Once you have become a member, you will be allocated a unit at 85% of the cost, but the remaining balance must be paid immediately.

Q: Are there any additional charges that I need to be aware of?

A: There are additional charges for things like parking, water and power meters, and legal fees, which must be paid on time.

Q: What is the minimum monthly contribution that I need to make to maintain my membership?

A: To maintain your membership, you will be required to make a minimum monthly contribution of 5000 Kenyan shillings per unit, not per person.

Q: Can I request a refund if I decide not to proceed with the purchase of a unit?

A: If you request a refund within 3 months of the completion of a project, you will receive your money back minus a 20% penalty.

Q: Who is responsible for managing the common areas of the properties?

A: The company or a appointed management company will handle the management of common areas.

Q: How long will it take to receive the title deed for the property?

A: The title deed for the property will be processed at the end of each phase, which may take up to a year.