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100+ search results, Furnished listings only
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WHY SOME TENANTS RENT PROPERTIES THEY CAN'T AFFORD.
Navigating the intricate relationship between landlords and tenants often unveils a web of complexities. One recurring scenario that has captured attention revolves around tenants opting for properties that stretch their financial boundaries. Though this decision may appear perplexing at first glance, it's underpinned by a multitude of factors and motivations.
It's worth mentioning at this juncture that the inspiration for this blog post was inspired by a stimulating LinkedIn discussion that transpired between myself and two industry experts: Grace Mukamwezi, a property manager at Spectrum Real Estate Solutions Uganda, and Racheal Nabanoba, an operations officer at GIBS Solutions Gateway Ltd. The discussion revolved around the topic of "late rent payments."
In this dialogue, Grace offered her perspective, asserting that prolonged struggles with rent payment shouldn't persist year after year. It's prudent to assess your financial situation and, if necessary, vacate the propert
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PROPERTIES OF THE WEEK.
Welcome to this week's most exciting real estate showcase, Properties Of The Week, where we highlight the hottest listings that are turning heads and attracting the most clicks! Published every Friday by the Real Estate Database (RED), these standout properties offer the best of what's available in today's market. Each one has been auto selected based on the highest number of clicks received during the week, making them the most sought after homes and investments! Featured Locations.This week, we are thrilled to present listings from some of the most desirable locations:
Bbunga, Bukoto, Bulindo, Busukuma, Butabika, Buziga, Bwebajja, Bweyogerere, Entebbe, Garuga, Ggaba, Kawuku, Kigo, Kira, Kisaasi, Kitende, Kiwaatule, Kiwafu, Kyaliwajjala, Kyanja, Lubowa, Munyonyo, Mutungo, Muyenga, Naalya, Nabusugwe, Najjera, Nakweelo, Nalumunye, Namugongo, Nansana, Rubaga, Seeta, Seguku, Sonde, Real Estate Companies and Agents Contributing to the Properties of the Week.Behind these amazing l
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THE DEPARTMENT OF LAND REGISTRATION (MLHUD) AND SERVICES OFFERED.
The Department of Land Registration plays a pivotal role in the management and administration of land in Uganda. It is responsible for the issuance of certificates of titles, general conveyance, and maintaining the national land register. The department also coordinates, inspects, monitors, and provides technical support to local governments regarding land registration and acquisition processes. Below is a detailed overview of the services provided by the department, including standard processing times, costs, and statutory periods for notice.
Services Offered.
Conduct a Physical/Personal Search on Registered Land.
Standard Time: 1 working day.
Cost: UGX 10,000 per search.
Statutory Period for Notice: Not applicable.
Issue a Search Letter.
Standard Time: 2 working days.
Cost: UGX 10,000 per letter issued.
Statutory Period for Notice: Not applicable.
Register Transfers on Certificate of Title.
Standard Time: 5 working days.
Costs:
Stamp duty: 1% of the lan
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WHAT IF THE SECURITY DEPOSIT IS NOT ENOUGH TO COVER COSTS AND DAMAGES TO THE PROPERTY.
Renting a property can be a convenient and flexible housing solution for many individuals and families. As a tenant, paying a security deposit is a common practice to provide landlords with a sense of security against potential damages or unpaid bills. While most tenancies end smoothly, there are instances where the security deposit might not be enough to cover the costs or damages to the property. In this blog, we will explore the potential challenges faced by both landlords and tenants in such situations and discuss possible solutions.
Understanding the Security Deposit
Before delving into the complexities of insufficient security deposits, let's understand what a security deposit entails. A security deposit is a sum of money paid by the tenant to the landlord before moving into a rental property. Its primary purpose is to protect the landlord in case of any damages caused by the tenant or to cover unpaid rent or utilities. In an ideal scenario, the deposit is refunded to the ten
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WHAT I HAVE LEARNED FRÓM WOMEN IN REAL ESTATE.
Real estate has traditionally been a male-dominated industry, but that is rapidly changing as more and more women are entering the field. In recent years, I have had the privilege of working alongside several successful women in real estate, and I have learned a lot from them. In this blog post, I will share some of the lessons I have learned from women in real estate.
Attention to detail is critical.
One of the most common traits I have observed in successful women in real estate is their attention to detail. Whether it's analyzing data, reviewing contracts, or preparing marketing materials, they are meticulous in their approach to their work. This attention to detail not only helps them catch potential issues but also sets a high standard for the rest of the team.
Collaboration is key.
Women in real estate understand the importance of collaboration and teamwork. They recognize that no one person can do it all, and they leverage the strengths of their colleagues to achieve
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MY LAND TITLE HAS BEEN STOLEN, WHÈRE DO I START, WHAT SHOULD I DO NEXT?
The loss or theft of a land title can be a distressing experience. If you find yourself in such a situation, it's crucial to take prompt and well-informed actions to safeguard your property rights. Here's a step-by-step guide on what to do if someone has stolen your land title in Uganda. 1. Stay Calm and Assess the Situation.First and foremost, stay calm. Panic can lead to hasty decisions. Take a moment to gather all available information and document any evidence related to the theft. If you have any suspicions or leads on how the title was stolen, note them down. 2. Report the Theft to the Police.Immediately report the theft to the nearest police station. Provide all relevant details, including your identification, a copy of the lost title (if available), and any other supporting documents. Ensure you get a police report, as this will be crucial for further legal and administrative processes. 3. Notify the LC Chairman.Inform the Local Council (LC) Chairman about the incident. Make su
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THE BEST TIME TO BUY LAND IS 10 YEARS AGO, THE SECOND-BEST TIME IS RIGHT NOW, HERE’S WHY.
Investing in land has long been regarded as one of the safest and most lucrative ventures. The adage, "The best time to buy land is 10 years ago, the second-best time is right now," underscores the timeless value of land as an investment. While it highlights the missed opportunities of the past, it also emphasizes the potential of seizing the present moment.
In this blog, we'll explore why investing in land now is a wise decision and how you can benefit from this enduring investment. And, most importantly, why you won't regret your decision ten years from now. Historical Perspective. The Opportunity of a Decade Ago.Looking back, those who invested in land a decade ago have seen significant appreciation in value. This period saw lower prices and greater availability, making it an ideal time for investors. However, it's easy to lament missed opportunities when hindsight offers a clear view of the benefits. The key takeaway from this historical perspective is the consistent upwar
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MORNING MARKET BRIEF - FRIDAY, SEPTEMBER 20, 2024
Introduction: The Real Estate Database (RED) presents the Daily Morning Market Brief, providing a concise overview of Uganda's real estate market. Make sure to always stay informed with our brief to keep up with the current pulse of the local market cycle.Overview: The real estate market in Uganda continues to show steady growth, with demand for both commercial and residential properties on the rise.Snapshot: The current market snapshot shows an increase in property sales and rentals, particularly in the areas of Kampala, Jinja, and Wakiso.Update: The latest update reveals a rise in property values in prime locations such as Kololo, Naguru, and Nakasero.Trend: The trend in the market indicates a shift towards more affordable properties in suburban areas, as buyers and renters seek value for money.Report: According to a recent report, there has been a significant increase in the construction of high-end apartments and commercial buildings in the central business district of Kampala.Indi
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DO NOT BECOME A REAL ESTATE AGENT IF ...
Becoming a real estate agent can be an exciting and fulfilling career choice for many people. However, like any profession, it is not for everyone. There are certain qualities and circumstances that may make someone ill-suited for this line of work. In this article, i would like to therefore emphasize that you should not become a real estate agent if ...
You are not comfortable with sales.
Real estate agents are salespeople at their core. Their primary job is to sell homes, and this requires a certain set of skills. If you are uncomfortable with sales or feel uneasy about persuading others to buy or sell a home, then being a real estate agent may not be the right career choice for you. Successful agents need to be persuasive, charismatic, and able to build rapport with clients to close deals.
You struggle with rejection.
Rejection is an inevitable part of the real estate industry, and being a real estate agent is no exception. You will face rejection many times throughout you
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