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THE CONDOMINIUM TREND IS UNSTOPPABLE.
In recent years, the trend of condominum living has been on the rise in Uganda. With more and more people flocking to cities in search of better opportunities, housing demand has skyrocketed, and condominiums have become a popular solution to the shortage of affordable housing.
A condominum is a multi-unit property where individual units are privately owned, and common areas such as hallways, elevators, and recreational facilities are shared among all the residents. Unlike apartments, which are typically rented, condominiums are owned by the residents, giving them a sense of ownership and control over their living space.
One of the main advantages of condominium living is the amenities that come with it. Many condominiums in Uganda offer a wide range of amenities such as gyms, swimming pools, clubhouses, and playgrounds, which are typically not available in single-family homes or apartments. This allows residents to enjoy a more luxurious lifestyle and meet new people, creati
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LESSONS FROM MY FAILED REAL ESTATE PARTNERSHIPS.
Real estate partnerships can be a great way to pool resources, expertise, and capital, but they can also be risky and complicated if not handled properly. I've been through several failed partnerships in the real estate business, and along the way, I learned some valuable lessons. If you're thinking about forming a partnership in real estate, here's my advice based on my own experiences, what went wrong and how you can avoid those pitfalls. When the Money Comes In, Attitudes Change.One of the most significant lessons I've learned is that everything seems to work well in a partnership, until the money starts flowing in. When that happens, people's attitudes can change quickly. Greed, jealousy, and independence often emerge once the business starts generating income. This shift can lead to conflicts, mistrust, and even the collapse of what initially seemed like a promising partnership.In my past experiences, I found that partners who are easy to work with before the money cames in often
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HOW TO EVICT A TENANT LAWFULLY
Renting out property comes with its challenges, and there may be situations where a landlord needs to terminate a tenancy. However, it's crucial to adhere to the legal procedures outlined in The Landlord and Tenant Act 2022 to ensure a smooth and lawful eviction process. This blog aims to guide landlords through the legal steps involved in evicting a tenant in compliance with the Act.1. Vacation of Premises on Termination of Tenancy.When terminating a tenancy in accordance with The Landlord and Tenant Act 2022, it is essential for the landlord to provide the tenant with a notice of termination. This notice should specify the date by which the tenant is required to vacate the premises. The tenant must adhere to this specified date, or any other date mentioned for vacation in the notice.2. Unlawful Eviction of Tenant.The Landlord and Tenant Act 2022 strictly prohibits landlords from evicting tenants outside the provisions of the Act or the terms of the tenancy agreement. Any attempt to f
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