A Transparent Guide to Asset Search Fees
Understanding the cost asset search services command is the first step for anyone needing to uncover an individual's or company's financial standing for litigation, due diligence, or debt recovery. The price is not a single figure; it depends entirely on the search's depth and scope. Swipe Recoveries Experts Ltd provides comprehensive, confidential asset search services with a clear and transparent pricing structure. We go beyond basic online searches, conducting official inquiries at government registries to deliver verified, actionable intelligence. This guide breaks down the typical costs in Kenyan Shillings (KES) to help you budget effectively.
What Does a Professional Asset Search in Kenya Involve?
A professional asset search is far more than a simple Google inquiry. It is a meticulous investigation designed to officially identify and verify assets held by a subject. This process is crucial for pre-litigation strategy, enforcing court judgments, and conducting due diligence before a major transaction. At Swipe Recoveries, our searches are conducted by querying official government registries, providing legally sound evidence of ownership.
The search can target a variety of assets:
Immovable Property (Land & Buildings): This involves conducting an official search at the Land Registry (located at Ardhi House in Nairobi or regional offices). The search confirms the registered owner of a specific parcel of land, its size, and any encumbrances like charges (mortgages) or cautions.
Motor Vehicles: We query the NTSA/TIMS portal to identify vehicles registered to an individual or company, confirming ownership details recorded in the logbook.
Company Directorships and Shareholding: A search at the Companies Registry at Sheria House, managed by the Business Registration Service (BRS), can reveal if a subject is a director or shareholder in any registered companies, indicating business interests.
Movable Assets (Secured Loans): We can search the Movable Property Security Rights Registry (eCitizen) to find assets (like equipment or inventory) that have been used as security for loans.
It is critical to note that searching for bank account details requires a specific court order (Garnishee Order) and cannot be done through a standard asset search due to privacy laws and the Data Protection Act.
Breaking Down the Scope: Components of an Asset Search
The overall cost of an asset search is directly tied to its scope. We typically structure our services in levels to match client needs and budgets.
Level 1: Specific Asset Search. This is the most basic search, where a client provides a specific identifier, like a title number for land or a registration number for a vehicle. We then conduct an official search to verify ownership and status. This is the least expensive type of search.
Level 2: Individual Comprehensive Search. This is a broader search conducted on a specific individual. Using their full name and ID number, we conduct searches across multiple registries, including the Land Registry (for properties in their name), NTSA (for vehicles), and the Companies Registry (for directorships). This provides a more holistic view of the individual's known assets.
Level 3: Corporate Comprehensive Search. This is the most complex type of search, usually conducted on a company. It includes identifying all registered directors and shareholders, searching for all assets (land, vehicles) registered to the company, and investigating potential sister companies or subsidiaries. This level of due diligence is essential before major investments or during complex litigation and debt recovery against a corporate entity.
Typical Asset Search Costs in Kenya (KES)
At Swipe Recoveries Experts Ltd, we believe in transparent pricing. Below is a guideline of what you can expect the cost of an asset search to be. Please note these are estimates, and a firm quote is provided after a free initial consultation.
Official Land Search (per title): The cost typically ranges from KES 5,000 to KES 10,000. This fee is inclusive of the government's statutory search fees and our professional time for retrieving and interpreting the results.
Motor Vehicle Search (per vehicle): A search on the NTSA portal to verify ownership generally costs between KES 4,000 and KES 8,000.
Individual Comprehensive Search (Property, Vehicle, Directorships): A standard package to search for assets under a specific person's name typically starts from KES 25,000 to KES 50,000, depending on the complexity and number of potential leads to follow.
Corporate Comprehensive Search: Due to their complexity, these searches start from KES 70,000 and can increase based on the company's structure and the number of registries to be checked.
Our fees cover not just the raw data but a professionally compiled report that explains the findings, highlights key assets, and provides actionable intelligence for your next steps. Contact us via WhatsApp at 254722474032 or email info@swiperecoveries.com to get a precise quote tailored to your needs.
