Form LRA 63 (Transfer of Lease) is a critical land registration document used in Kenya when a current leaseholder (the Transferor) assigns or transfers their entire interest in a leased property to a new party (the Transferee). This form is jurisdiction-specific to Kenya and is governed by Regulations 76(2)(g) and 77(2)(g) of the Land Registration (General) Regulations, 2017, enacted under the Land Registration Act, 2012. It serves as the formal legal instrument for changing ownership of leasehold titles, ensuring the new tenant takes over the rights and obligations of the existing lease.
This advocate-reviewed template is available for download on wansom.ai and is intended for current leaseholders (Transferors), incoming tenants (Transferees), real estate investors, and conveyancing advocates. Proper use of this form is essential for maintaining a clear chain of title in the Land Register, as it records the transition of the leasehold interest for the remaining term of the original lease.
The downloadable template includes comprehensive fields for the Title Number, Date of Transfer, and the Consideration (purchase price or value) paid for the interest. It specifies that the transfer is subject to the provisions of the Land Act, 2012, the Land Registration Act, 2012, and the terms of the original lease. The form allows the Transferee(s) to specify if they will hold the land as joint proprietors or as proprietors in common with defined undivided shares. Execution must be performed as a deed, requiring both parties to provide colored passport photographs, National ID/Passport numbers, and Tax PIN numbers. Each signature must be accompanied by a Certificate of Verification pursuant to Section 45 of the Land Registration Act, authenticated by a qualified legal professional. This legally compliant, ready-to-use template ensures a valid and enforceable transfer of leasehold interests within Kenya's land registration system.