KShs 3,000.00
The withdrawal is usually initiated once the reasons for the caution no longer apply, such as the settlement of a dispute or the fulfilment of a contractual obligation. The process requires the party who lodged the caution, or their legal representative, to submit a formal request to the relevant land registry or legal body. This request must be accompanied by supporting documents that validate the reasons for the withdrawal. Once the withdrawal is approved, it is recorded in the property’s legal records, effectively clearing the title and allowing for unencumbered transactions. The Withdrawal of Caution is a critical step in ensuring the integrity of property dealings and the protection of all parties involved in the transaction. It reflects the resolution of issues that may have previously hindered the property’s transferability, restoring confidence in the property’s marketability.
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