What We Do



Land Layby Kenya Ltd is the pioneer of buy now, pay tomorrow land system in Kenya. We specialise in Land Banking – Buying land on the outskirts of a big city (land in the pathway of development) and waiting passively or actively until residential developers make it appreciate in value.

Question mark from Question wordsLand in the pathway of development has no risk of depreciation; worst case scenario is gaining value slowly over time. With good strategic planning, clinical land banking acumen as employed by Land Layby Kenya Ltd, we are able to identify and invest in land poised to undergo exponential appreciation promising strong and sustained long-term gains. We then reward our clients with a portion of the gains when they acquire our land banking products that are in the pathway of development.

Land banking is a system employed by wealthy individuals all over the world to create and consolidate wealth. The savvy sophisticated investors take this concept to a different level where they aim to control and not own property while entitled to huge profits generated by any activity involving the property they control. They commit to buy property now but pay after 3, 4, 5, and 6 or sometimes even up to 15 years. Because this strategy requires one to invest only a fraction of the property’s value in order to control the property, one is able to generate and consolidate wealth faster.

dreamstime_xs_-39022210This strategy requires a lot of patience and knowledge. Since initial capital requirements can be huge, it is only practised by individuals with a lot of money. You don’t have to worry; we have done it for you and better still, we will pass on some of the equity created. We now present you with the key – Land Banking Kenya Options; you can open the door to your dreams now and start controlling land with as little as Ksh 7,500.

 

Land LayBy Blockchain Platform

 

What is Land LayBy Blockchain?

It is a trusted shared distributed ledger for recording land buying and selling transactions that can never be altered, corrupted, forged or replicated in error. A normal land acquiring process involves:

  • Identification of land interest via a real estate agent or directly through the owner.
  •  Assume due diligence on the title deed.
  • Draft and sign a sale agreement.
  • Transfer payments.
  • Registration of transfer.

Why is it called Land LayBy Blockchain?

 

A block consist of all details that pertain a certain piece of land which include: History of ownership, Nature of the land and Location. Once a block space is exhausted with transactions, a new block is created. A block consist of all details that pertain to a certain piece of land which include: History of ownership, Nature of the land and Location. Once a block space is exhausted with transactions, a new block is created and they are linked together through clever mathematics and cryptography. The result is a linear and chronological order referred to as Blockchain. Each time a block gets completed, a new block is generated. There is a countless number of such blocks in the blockchain. The use of cryptography to secure and chain data in the blocks creates an immutable record that is unchangeable by design.

Land LayBy Blockchain is comprised of 4 fundamental components

 

Smart Contracts

This is the business logic or conditions that are necessary for a transaction to happen. When a buyer purchases a block of land, the completion date will require that the buyer and the seller exchange the settlement amount for completion documents.

Shared Ledger

A shared ledger is a log of transactions in a business network, that is identical for all participants in that network. A buy/sale transaction of land can involve all of the following; a buyer/seller, real estate agency, surveyor, notary and government officials.

Privacy

Permission can be applied in the Land LayBy Blockchain, enabling it to show data “for their eyes only” that cannot be shown to other participants in the business network. Land LayBy Blockchain platform facilitates multi levels of permission.

 

Trust

Data in Land LayBy Blockchain is immutable. The platform offers a security on data and transaction by design.


 

Why is Land LayBy Blockchain relevant to Real Estate business?

The lack of proper documentation, a lot of transactional middlemen and some corrupt entities have made the process of purchase/sale a dangerous experience. Reports of government officials colluding with owners or real estate agencies to produce fake title deeds and allotment letters are becoming a norm. To avoid loss of money, time and fear of land investment there is an urgent need to have a legally indispensable recording system.

The lack of proper documentation, a lot of transactional middlemen and some corrupt entities have made the process of purchase/sale a dangerous experience. Reports of government officials colluding with owners or real estate agencies to produce fake title deeds and allotment letters are becoming a norm. To avoid loss of money, time and fear of land investment there is an urgent need to have a legally indispensable recording system.

Land LayBy Blokchain will rescue the situation at this point. Since our blockchain’s smart contracts mirror the preset Land commission procedures, we will have a copy of land details, deals and associated transaction like the one in the ministry of lands.

How will Land LayBy’s Blockchain revolutionize the Real Estate Industry?

Increase on Speed of transactions

Real estate transactions may involve a multi-disciplinary team, whose red tape prolongs the completion dates of the transactions.

Curb rampant fraud

Real estate is one of the best ways to make money, unfortunately, the fraudsters are well aware of this fact too.

Increase transparency

Since the entire transaction will be recorded on the blockchain, any platform user with privilege rights can be able to check and cross-check the documents, transactions and history of ownership.

Increase investment value by reducing costs

Since Land LayBy Blockchain is powered by smart contracts, most of the fees charged by intermediaries will be done away with, meaning the extra cost will not be passed to the investor. This will allow fair pricing with better and promising returns

Help create the first Blockchain Land Registry

Land LayBy Blockchain land registry will mirror the records at the Ministry of Lands registry, pioneering and paving ways on how land data should be recorded. Since our platform is comprehensive, it’s centripetal design ensures future adoption by other real estate entities including the Ministry itself as a gold standard.
MVP

(Betaversion will be ready by early 2020)