sale of land agreement for mani

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THE REPUBLIC OF UGANDA IN THE MATTER OF THE REGISTRATION OF TITLES ACT CAP .230 AND IN THE MATTER OF SALE OF A PLOT SITUATE AT PLOT 2C VOLUME 1361 FOLIO 20 LAND AT MBUYA ,NADIOPE ROAD, KAMPALA DISTRICT AGREEMENT FOR SALE OF LAND This Agreement made this ……………………… day …………………………. 2015 BETWEEN Mr.ENGEN STEVEN (herein after referred to as the “vendor”) which expression shall where the context include her assignees and successors in title of the one part AND MS.RUSSELL HALL LTD (herein after referred to as the “purchasers”) which expression shall where the context include his assignees and successors of the other part. AND WHEREAS the vendor is desirous of selling to the purchasers a plot comprised in VOLUME 1361 FOLIO 20 Plot 2C measuring 0.086 HECT which is registered in the names of ENGEN STEVEN with the developments on it. AND WHEREAS the purchasers are desirous of buying the same property described above. NOW THEREFORE THIS AGREEMENT WITNESS as follows: 1

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THE REPUBLIC OF UGANDATHE REPUBLIC OF UGANDA

IN THE MATTER OF THE REGISTRATION OF TITLES ACT CAP .230

AND

IN THE MATTER OF SALE OF A PLOT SITUATE AT PLOT 2C VOLUME 1361 FOLIO 20 LAND AT MBUYA ,NADIOPE ROAD, KAMPALA DISTRICT

AGREEMENT FOR SALE OF LAND

This Agreement made this day . 2015

BETWEEN

Mr.ENGEN STEVEN (herein after referred to as the vendor) which expression shall where the context include her assignees and successors in title of the one part

AND

MS.RUSSELL HALL LTD (herein after referred to as the purchasers) which expression shall where the context include his assignees and successors of the other part.

AND

WHEREAS the vendor is desirous of selling to the purchasers a plot comprised in VOLUME 1361 FOLIO 20 Plot 2C measuring 0.086 HECT which is registered in the names of ENGEN STEVEN with the developments on it.

AND

WHEREAS the purchasers are desirous of buying the same property described above.

NOW THEREFORE THIS AGREEMENT WITNESS as follows:

1. The purchase price for the said property is UGX shs.230, 000,000/= (Two hundred thirty million shillings only).

2. The purchasers has paid the whole purchase price to the vendor at once at the execution of this agreement and the vendor acknowledges receipt by signing this agreement and he has surrendered the certificate of title together with transfer forms fully signed.

3. The vendor further guarantees that the property is his and he undertakes to refund the consideration to the purchasers in the event of any successful challenge to his title to the property.

4. The vendor warrants and agrees that there are no third party claims of whatsoever nature to the land or property and that he has obtained all the necessary consents from his family members particularly the spouse if any.

5. The vendor shall allow the purchasers to enjoy quiet possession of the demised property without interruptions whatsoever by the vendor or its agents or tenants after paying the whole purchase price.

6. No modification change or alteration of this agreement shall be of any legal force or effect whatsoever unless in writing and signed by all the parties what ever used herein, the singular shall include plural and the use of the gender shall be applicable to all genders.

7. The parties hereto agree to resort to arbitration in the case of any disagreement, breach of the terms of this agreement and its enforcement provided always that before such recourse arbitration the parties should have exhausted all the ways of reaching an amicable solution.

8. Each of the provisions in this agreement is severable and distinct from the others and if at anytime one or more of such provisions is or becomes invalid illegal or unenforceable the validity legality and enforceability of the remaining provisions hereof shall not in anyway be affected or impaired thereby.

9. The purchasers here take possession immediately upon the execution of this agreement and the vendor undertakes to introduce them to the Local Council Chairman I of the area.

10. This agreement shall be governed by the laws of Uganda.

IN WITNESS WHEREOF both parties hereto have hereunto set their hands on this day 2015.

Signed sealed and delivered.

By the said

ENGEN STEVEN ...

(VENDOR)

MS. RUSSELL HALL LTD

(PURCHASER).

(DIRECTOR)

(DIRECTOR)

WITNESSED BY;

1- .

2- .

All in the Presence of;

Mani Stephen

(Witnessing Advocate)

Drawn & filed by;

M/s Akile, Olok & Co. advocates,

2nd Floor Krish Mall, Plot 122A Spring Road, Bugolobi

P.O Box 36530,

Kampala

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