LEASING LAND FOR ADDITIONAL INCOME

Leasing land is a great avenue for additional income.A recreational lease is an agreement between a landlord and the tenant to participate in a recreational activity on a property of land for a certain period for a fee.Money gained from leasing land for recreational purposes can serve as an extra source of income.
Leasing land is a perfect way of having peace of mind especially for landowners who buy land for speculation in areas away from town. It guards against trespassing, theft, vandalism and illegal dumping.Recreational leases can include opportunities for hunting, fishing, camping, hiking, bird watching, photography and more. Recreational leases are customizable. A landowner should tailor a recreational lease to fit within or supplement their individual goals for the property.

Some qualities of recreational leases that can increase their value are proximity to home, multiple recreational activities available, abundant wildlife, trophy animals, comfort (i.e., a place to stay), roads to easily access the property, little competition from others, friendly lessors, communication of farm activities, guest privileges and opportunity for participation in wildlife management practices.

If you choose to lease your property for recreation, develop a written recreational lease agreement signed by both parties. The lease agreement should define the rules for the lease, protect the interest of both parties and avoid misunderstandings. However, no two leases are identical. It is important to remember that leases are customizable and the lease contract should fit within or supplement the goals for the property.

KIMISITU INVEST 2019 DIRECTORS VACANCY

In the Eighth coming Kimisitu Invest AGM to be held on the 13th April 2019, due to rules and regulations that govern companies, there are two v a c a n c i e s on the Board of Kimisitu Invest created by Two Board members who are retiring and one is  eligible for re- election thus to fill the vacancies we are g i v i n g Kimisitu Investment Co PLC Shareholders an opportunity to Nominate replacement board members.

Kimisitu Invest Board through nomination, election process would select Members of the board according to their skill, experiences and personal qualities. It is the Kimisitu Invest board policy to balance the skills and experiences of her Directors yet considering unique or special requirements of the company.

THE CANDIDATE SHOULD HAVE THE FOLLOWING SKILLS, EXPERIENCES AND KNOWLEDGE

Professionals Qualifications:

First Degree from a recognized university

Note

Legal, Survey (Quantity &Land Survey), Real Estate, Accounts/Finance and Administration professionals will have an added advantage.

Personal qualities

The Board expects that the candidates will have the following personal qualities:

  • An understanding and commitment to the Vision, Mission and Values of Kimisitu Invest
    • Honesty and integrity
    • Willingness to devote and dedicate the time and effort required for an effective board
    • Commitment; attendance of board orientation, retreats, meetings, committee meetings and other related Kimisitu Invest events
    • A basic understanding of Corporate Governance
    • An understanding of the role of a Director and the fiduciary roles and responsibility of a board
    • An absence of an ongoing conflict that would impede a Director’s ability to fulfill his/her

fiduciary duties and responsibilities

  • A strategic thinker and ability to work in and as part of teams

   All prospective candidates must send clearances from EACC, CRB, HELB, KRA&CID

Interested and Qualified persons should apply by, Sunday  7th April, 2019 by 1700hrs by sending copies of their applications, detailed resumes and contacts of three referees addressed to the Chairman, Kimisitu Invest via an email to  info@kimisituinvestment.co.ke