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Discharge of charge kenya

Discharge of charge form kenya 2026

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The document is Form LRA-58, a legal instrument used in Kenya under the Land Registration Act for the discharge of a charge on a property title. It outlines the necessary details including the names of the chargor and chargee, amounts secured, and includes sections for signatures, verification by witnesses, and registration details. The form serves to officially release a charge once obligations have been fulfilled.

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Click ‘Get Form’ to open the discharge of charge form in our editor.
Begin by entering the title number of the property in the designated field. This is crucial for identifying the specific charge being discharged.
Fill in the date of discharge and the date of registration of charge(s) along with the entry number. Ensure these dates are accurate to avoid any legal discrepancies.
Provide full names and registration numbers for both the Chargor and Chargee. This information verifies the parties involved in the transaction.
Indicate the principal amount secured under the charge(s). This section confirms that all amounts have been settled or secured appropriately.
Complete the execution section by having it signed by authorized individuals, including directors and advocates, ensuring compliance with legal requirements.
Finally, review all entries for accuracy before saving or exporting your completed form from our platform.

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We have answers to the most popular questions from our customers. If you can't find an answer to your question, please contact us.

How do I apply for removal of caution in Kenya?

The applicant must provide details such as the land title number, personal identification, and address of both the cautioner and the registered landowner. Additionally, a copy of the registered caution must be included. The application must be signed in the presence of an advocate and is subject to nominal stamp duty.

What are the requirements for discharge of charge in Kenya?

Requirements: Charge: Charge instrument, consent, spousal consent, original title, stamp duty proof, ID/passport, PIN certificate, 2 photos. Discharge: Discharge instrument, original title, stamp duty proof, ID/passport, PIN certificate, 2 photos.

What transfers are exempt from stamp duty in Kenya?

Stamp Duty exemption may be obtained for transactions, including but not limited to: Transfer of land to charitable organizations as gifts. Transfer of property between spouses. Transfer of family property to the members on demise of a family member in whose name the property was registered.

How much does it cost to discharge a title deed in Kenya?

The general charge for a title transfer fee is about Ksh 4,500, but if you are in a hurry to acquire the land, you can request a special board forum and pay an extra amount for this special sitting.

How much is stamp duty in Kenya?

For residential properties, Stamp Duty is charged at 4% of the purchase price or the market value of the property, whichever is higher. For non-residential properties (such as commercial or industrial properties), the rate is 6% of the purchase price or market value.

process of discharge of charge in kenya

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What is the percentage of discharge of charge?

Usually, the range of relative charge states is 0% - 100%, as opposed to 100% when the battery is fully charged and 0% when it is fully discharged.

What is the stamp duty on discharge in Kenya?

Discharge of Charge the stamp duty rate is 0.05% based on the amount that had been secured by the Charge. Movable Assets- means any tangible asset i.e. all types of goods including motor vehicle, crops or intangible assets e.g. deposit accounts, intellectual property rights.

How do I discharge a charge?

2. Steps Involved in Discharging a Charge Step 1: Loan Repayment and Clearance Certificate. Step 2: Preparation of Discharge of Charge Document. Step 3: Lodging Documents with the Land Registry. Step 4: Verification and Registration. Step 5: Collection of the Updated Title.