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Amended Simple Sale Agreement
Amended Simple Sale Agreement
Amended Simple Sale Agreement
NAME REGISTRATION
MPENDA PESA
-To-
MAPESA MENGI
______________________________________________________
-Of-
______________________________________________________
DRAWN BY:
DRAWN BY:
FIRM 15 & COMPANY ADVOCATES.
KENYA SCHOOL OF LAW.
KAREN-LANGATA SOUTH ROAD,
P.O BOX 30369-00100,
NAIROBI.
REPUBLIC OF KENYA
THIS AGREEMENT for sale is made on this 10TH day of MARCH Two Thousand and
Twenty Four.
BETWEEN
MPENDA PESA of Post office Box Number 10, Kilimani in the Republic of Kenya (hereinafter
referred to as “The Vendor”) which expression shall where the context so admits include his
personal representatives and assigns of the first part
AND
MAPESA MENGI of Post office Box Number 13 Kilimani in the Republic of Kenya
(hereinafter referred to as “The Purchaser”) which expression shall where the context so admits
include his personal representatives and assigns of the second part.
WHEREAS the vendor is desirous to dispose all that parcel of land known as KSL/KAREN BLOC11/1105
and the purchaser is interested in purchasing the same, it is agreed by and between the parties as
follows:-
1. Consideration Clause
The agreed purchase price is the sum of Kenya Shillings One Million which shall be paid by the
i. Kenya Shillings Five Hundred Thousand (Kshs.500,000/=) has already been paid to the
Vendor as a deposit of the purchase price before the execution of this agreement and by
execution of this agreement the vendor acknowledges the receipt of the said deposit.
ii. The balance of the Purchase Price in the sum of Kenya Shillings Five Hundred
Thousand (Kshs500,000/=) shall be paid upon signing of this agreement for sale to the
following bank account:
Mpenda Pesa
Cooperative bank Kilimani Branch
ACC NO: 000000000
2. Completion Clause
The Vendor shall deliver to the Purchaser the following Completion Documents within 30 days of
signing this agreement:-
4. Possession clause
The Vendor shall deliver the property unto the Purchaser in vacant possession upon the Vendor’s
receipt of the entire of the purchase price.
7. Notice clause
Any notice, request or demand required or permitted to be given or made under this Sale
Agreement shall be served on the purchaser or its Advocate if forwarded to him by phone
message or by registered post to his last known postal address .Furthermore, it shall be said to be
sufficiently served to the vendor or Advocate if delivered to it's or forwarded through phone
message to the last known postal address of the vendor.
A notice given by post shall be deemed to have been served Seven (7) days after the date of
posting.
8. Jurisdiction Clause
This Agreement shall be interpreted according to the laws of Kenya and parties hereby submit to
the jurisdiction of the courts of Kenya. Parties can also make use of ADR Mechanism.
IN WITNESS WHEREOF this Sale Agreement has been duly executed at Nairobi by the
parties the day and year hereinbefore written.
SIGNED by the Vendor ]
MPENDA PESA ] ………………………………………….
..............................................................
ADVOCATE
...........................................
ADVOCATE
DRAWN BY: