HOMES & PROPERTY: How regular savings can turn you into millionaire

>In Tanzania most people are very scared of investing in anything that is considered “risky”. For some, real estate investment fits in that category.  Today, I wish to share with you a compounding theory from a collection of articles on the matter of which I believe will help shed light on how investment can yield returns, especially for those who have little to invest in the considered “risky” investment. The years maybe longer, but the end will justify the...

>In almost every real estate transaction in Tanzania, one is faced with the same question always. “Is it necessary for me to hire a real estate lawyer?” The answer is both simple and complex.

>The end of the year is approaching, so does the start of another year and new budgets. If you are a landlord or landlady then a smile lights up your face, but if you are a tenant, your head has started to spin. Most Tanzanians live in rental houses. As tenants do we all know our rights and what we should do in case we face problems with our landlords or landladies?

“Land reforms include reforms or improvements in the land tenure system as well as reforms in other institutions, which are related to land and its utilisation such as consolidation of holdings, size of holdings, methods of farming and supply of agricultural credit etc.” - UN.

>A transaction of residential real estate normally involves two parties, the buyer and the seller and at times a third party, the lender. If there is a third party, then the transaction becomes a bit complex. Plus, the law that governs conveyance and real estate transaction in general is different from the law governing other kinds of purchases. You cannot compare it to buying a “bodaboda” or a “techno mobile phone”.

>Real estate contracts are binding legal documents. They form the bases of the sale and buying of a property. The wishes or rather the agreements, terms and conditions of the buyer and a seller in the purchase are reflected in a contract.

TheSouthAfrican
Tanzania: Homes and Property - President Magufuli We're in Dire Need of Land ...
AllAfrica.com
With President John Magufuli in office, there is a renewed hope with the Tanzania government by many, who admire his work ethic and his resilient first days in office. However, in relation to his priorities set about a week or so when addressing the ...
Rowan DeanThe Courier-MailCourier Mail
10 things Zuma can learn from Tanzania's new presidentTheSouthAfrican

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