Realization of Securities in Kenya
Statutory powers of sale, charged land liquidation, debenture recoveries, and collateral workouts for commercial banks, SACCOs, and secured lenders across Kenya since 1995.
Maximizing Asset Recovery While Safeguarding Lenders Against Procedural Injunctions
Non-performing loans (NPLs) erode balance sheet liquidity. When loan restructuring and amicable workouts fail, financial institutions require decisive legal realization of charged collateral. Makuri Auctioneers provides senior institutional leadership in executing statutory powers of sale across Kenya.
Our seasoned team understands that a single procedural omission—such as flawed statutory notice service, inadequate newspaper advertisements, or outdated forced sale valuations—can lead to protracted High Court injunctions under the Land Act. We eliminate that risk by enforcing strict, defensible statutory compliance at every milestone.
With operational seats in Mombasa (NSSF Building, 7th Floor) and Nairobi (All Saints Cathedral Office), we manage high-value real estate auctions, industrial plant dispersals, and movable collateral workouts throughout the Republic of Kenya.
Lawful Statutory Powers of Sale Across Coast & Upcountry
Statutory Reserve Price Protection
Under Section 97 of the Land Act, properties cannot be disposed of below 75% of forced sale valuation without leave. Our team guarantees transparent reserve administration to prevent subsequent under-value litigation.
Securities Realization Capabilities
End-to-end management of mortgage workouts, plant auctions, and debtor collateral liquidation.
Statutory Power of Sale on Land
Enforcement of legal charges on commercial properties, agricultural estates, residential houses, and industrial plots under Sections 90–96 of the Land Act 2012.
MPSRA Movable Securities Liquidation
Realization of chattel mortgages, plant and machinery, heavy transport fleets, and inventory registered under the Movable Property Security Rights Act 2017.
Forced Sale Valuation Compliance
Direct coordination with registered valuation surveyors to establish accurate Forced Sale Values (FSV) and uphold the 75% statutory reserve threshold.
Statutory Notice & Gazette Management
Meticulous drafting, personal service, affidavit sworn returns, and gazette / nationwide newspaper publication to guarantee procedural immunity against injunctions.
The Statutory Power of Sale Process
How Makuri Auctioneers navigates statutory timelines from initial default notices to competitive auction execution.
Charge Instrument & Search Audit
Verification of the registered legal charge, official postal searches, and confirmative title verification at the Lands Registry.
Statutory Notice Verification
Ensuring lawful service of Section 90 (90-day) default and Section 96 (40-day) notices with incontestable proof of service.
Valuation & 45-Day Proclamation
Commissioning accredited valuation surveyors, serving the 45-day auctioneer redemption notice, and establishing statutory reserve pricing.
14-Day Media Notice & Sale
Gazette & dual national newspaper advertisement, transparent public bidding execution, and prompt return of proceeds to the chargee.
Engage Our Debt Recovery Directors
Visit our licensed consultation offices or speak directly with our directors and case coordinators.
Mombasa Head Office
Nkrumah Road, NSSF Building,
7th Floor, Door 733,
Mombasa, Kenya.
Nairobi Branch Office
All Saints Cathedral Office,
Kenyatta Avenue / Processional Way,
Nairobi, Kenya.
Frequently Asked Questions: Realization of Securities
Frequently Asked Questions
Find answers to common procedural, legal, and operational inquiries regarding our services in Kenya.
The realization of land-backed securities is governed by Sections 90 through 96 of the Land Act (No. 6 of 2012) and the Land Registration Act. For movable assets and equipment, realization is regulated under the Movable Property Security Rights Act (MPSRA 2017) and the Auctioneers Act (Cap. 526). All public auctions must be conducted strictly by licensed Class "B" auctioneers.
Instruct Realization of Securities
Submit non-performing loan or charged asset details below. Our corporate recovery managers will review within 24 hours.
Related Regulated Services in Kenya
Explore our comprehensive legal enforcement, auctioneering, repossession, and corporate advisory solutions.
Auctioneers in Mombasa
Headquarters operations at NSSF Building handling coastal asset sales, court warrants, and commercial plant auctions.
Auctioneers in Nairobi
Nairobi branch at All Saints Cathedral serving financial institutions, commercial banks, and corporate entities.
Auctioneering Services Kenya
Public auctions, movable and immovable asset disposal, valuation coordination, and official gazetted notices.
Execution of Court Orders Kenya
Enforcement of court decrees, warrants of attachment and sale, evictions, and distress for rent across Kenya.