AGADVOKS GLOBALKENYA · ENGLISH
☰ Menu
Movable Property Security Rights Act

69. Rights of redemption

Edition: 2022-12-31 · In force

My notebookDiscuss your situation

69. Rights of redemption

(1)Any person whose rights are affected by the enforcement process in accordance with this Part is entitled to redeem the collateral by paying or otherwise performing the secured obligation in full, including the reasonable cost of enforcement.
(2)The right of redemption may be exercised until the asset is sold or otherwise disposed of, acquired or collected by the secured creditor or until the conclusion of an agreement by the secured creditor for that purpose.
← Previous provisionNext provision →
Source: Kenya Law