UPDATE: LAND ACT TANZANIA

Amendment of the Land Act, The Written Laws (Miscellaneous AmendAdd Newments) Act No.1 of 2018 : This Amendment provides that any person may mortgage his land or property so as to obtain a loan from a local or foreign bank or financial institution. This amendment also provides that the money which will be obtained after [...]

Much needed changes in the Real Estate sector and Laws in Tanzania

Much needed changes in the Real Estate sector and Laws in Tanzania. The Government of Tanzania through the efforts of President John Pombe Magufuli and that of Hon. William Lukuvi, the minister of lands housing and human settlement development has brought about a renewed hope in the restructuring of our real estate sector. We have [...]

THE ARBITRATION CLAUSE- TANZANIA.

THE ARBITRATION CLAUSE-TANZANIA By Sunday Godfrey Ndamugoba [email protected] So I was at a bar this weekend and at our table everyone was enjoying “a cold one”, some soda and others well yes a cold beer. All of a sudden a fight of “words” broke between friends and as it was about to calm down one [...]

UNIT TITLES ACT IN TANZANIA

UNIT  TITLES ACT   IN  TANZANIA By Sunday Godfrey Ndamugoba [email protected]   The Unit Titles Act in Tanzania of 2008, most developers have been taking the advantage of the new form of registering their properties for sale purposes. Under the Act the buyers of the Units become owners and have respective titles over their units [...]

THE ESSENTIALS OF A REAL ESTATE CONTRACT IN TANZANIA

THE ESSENTIALS OF A REAL ESTATE CONTRACT IN TANZANIA By Sunday Godfrey Ndamugoba L.LB(TZ) LLM(UK),TIArb [email protected],tz   In business, be it in Tanzania or elsewhere, a contractual agreement is the most essential part of any real estate-related exchange. Its aim is to bring both parties to a comfortable settlement that will achieve a fair and [...]