Valuers Scale of Fees (Kenya) – Professional Valuation Fees

Cap. 532 of the Laws of Kenya.

THE VALUERS (FORMS & FEES)(AMENDMENT) RULES, 2011

1.Urban,  Rating and Agriculture Valuation
First Kshs.  2,000,000 at 1.0 per cent
Residue at 0.25 per cent

2.Compulsory Acquisition Valuation
First Kshs.  2,000,000 at 2.0 per cent
Residue at 0.5 per cent

3. Rental Valuation

First Kshs. 400,000 p.a at 10 per cent
Residue at 5 per cent.

4. Plant,  Machinery  and Automobile,
First Kshs. 5,000,000 at 1.5 per cent
Residue at 0.5 per cent.

5. Furniture, Fittings, Equipment, Trading Stock and Going Concerns,
First kshs. 1,000,000 at 5 per cent
Residue at 2.5 per cent.

6. Minimum Valuation  Fees
kshs.15,000 for any valuation.

7.  Consultancy

A minimum of Kshs. 5,000 per hour where such consultancy does not involve carrying out a valuation and compilation of a valuation report and advising on the value of the property.

8.Travelling Expenses and disbursements:
These shall be based on the costs incurred in undertaking the valuation.

Downloads

Valuers Act Cap 532

Estate Agents Act 17 of 1984_subsidiary

The Estate Agents Act (Cap 533) – Management

Estate Agents Act 17 of1984