[2016] KEHC 3642 (KLR)

[2016] KEHC 3642 (KLR)

The court found that the independent valuation conducted by the Nakuru County District Valuer, which was ordered by the court and reaffirmed upon the respondent's request for a second valuation, was professionally sound and unchallenged by credible evidence. The court declared the open market value of the...

Source-derived case information.

Citation
[2016] KEHC 3642 (KLR)
Parties
Appellant: EMK; Respondent: WN A
Court
High Court
Court Station
High Court at Nakuru
Jurisdiction
Kenya
Case Number
Civil Case 65 of 2013
Procedural Posture
Civil Appeal / Post Judgment Valuation and Enforcement
Outcome
Application for declaration of property value allowed; parties to proceed with division as per judgment.
Legal Topics
Matrimonial Property Division, Property Valuation, Enforcement of Judgment
Source Language
en
Family and Children Land and Property Matrimonial Property Division Property Valuation Enforcement of Judgment

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Parties

EMK

Appellant

WN A

Respondent

Procedural Posture

Civil Appeal / Post Judgment Valuation and Enforcement

  1. 1 Whether the court should accept the independent valuation of the matrimonial property as the basis for division of proceeds.
  2. 2 Whether the parties are bound by the professional valuation conducted by the Nakuru County District Valuer.

Ratio Decidendi

The court found that the independent valuation conducted by the Nakuru County District Valuer, which was ordered by the court and reaffirmed upon the respondent's request for a second valuation, was professionally sound and unchallenged by credible evidence. The court declared the open market value of the matrimonial property to be Kshs. 1,800,000, as per the valuer's report. The parties were directed to proceed in accordance with the original judgment, which provided for equal division of the proceeds and the option for either party to buy out the other at the declared value. The court's decision was grounded in the need for finality, fairness, and adherence to the principles governing...

Court Disposition

Application for declaration of property value allowed; parties to proceed with division as per judgment.

Orders

  • The open market value of the matrimonial property is declared to be Kshs. 1,800,000.
  • Parties to proceed to exercise the options stated in the judgment of 18th September 2014, including sale and equal division or buy-out at market value.