An analysis of the causes of variations in valuation for land compensation
Kimutai, Barnabas J
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The purpose of this investigation is to analyze the causes of variations in valuation for land compensation. The project looks at the differences in land compensation values as derived by the various interested groups with the aim of examining how the Land Acquisition Act, Cap 295 of the laws of Kenya contributes to these variations. Where land is under public ownership it would be very easy to arrange with the government for it to be availed for specified purpose. In this case compulsory acquisition is not necessary. However public lands. are continually dwindling and may not be found at the proposed site of the project (Muoka, 1994). Compulsory acquisition therefore remains a major source of land for the implementation of large-scale projects. The purpose of this study is to examine the various acts that govern compulsory Land Acquisition in Kenya with the aim of relating it to the valuation practice which in the context of this study refers to the valuation process. In doing so, the study aims at examining the differences in land compensation values as explained above and finally making appropriate recommendations towards harmonizing these differences.
CitationMaster of Arts in Valuation and Property Management
University of NairobiDepartment of Land Development