3 bedroom Bungalow for rent in Mutungo Kampala Uganda, code: 19256
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3 bedrooms bungalow for rent at Mutungo,it has 2 bathrooms and toilets in a well organised neighborhood on Mutungo hill. The price is Usd 700per month. Call us on 0414662954,0774755146 or 0753100355 to arrange a viewing appointment.
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SCAN QR CODE
19256
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21 RELATED PROPERTIES
(Related by price or location and type) |
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THE GOOD THE BAD AND THE UGLY IN UGANDA'S REAL ESTATE INDUSTRY.
Uganda's real estate industry has been growing steadily in recent years, with more and more investors looking to tap into the country's vibrant property market. However, like any industry, there are both good and bad aspects to Uganda's real estate market, and some practices can even be considered ugly.
The Good: A Growing Industry
One of the positives of Uganda's real estate industry is that it is growing at a steady pace. According to the World Bank, the country's GDP growth rate was 6.5% in 2019, which is expected to continue in the coming years. This growth has had a positive impact on the real estate industry, with more and more investors entering the market to take advantage of the opportunities.
Another positive is that Uganda's real estate market is relatively untapped, with vast tracts of land available for development. This presents an excellent opportunity for investors looking to invest in the industry. Additionally, the country has a growing middle class, which is
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WHAT EXACTLY HAPPENS NEXT AS SOON AS A TENANT FAILS TO PAY RENT IN UGANDA?
Being a landlord comes with its fair share of responsibilities, one of which is ensuring that tenants fulfill their financial obligations, particularly paying rent on time. In Uganda, landlords have legal recourse under the Landlord and Tenant Act when tenants fail to meet their rent obligations.
Understanding the steps involved in this process is crucial for landlords and tenants seeking a resolution to unpaid rent. In this situation, we will outline the necessary actions that a landlord can take when faced with a tenant who fails to pay rent, providing a short guide to navigating the legal system and recovering what is owed.
Serve a notice to pay rent. The landlord must serve the tenant with a notice to pay rent. The notice should be in writing and state the amount of rent owed and the due date for payment. The notice period will depend on the nature of the tenancy agreement, but it should be at least seven days if the tenant is on a periodic tenancy.
File a suit in court. I
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ENTER YOUR DETAILS BELOW AND POSH WILL CALL YOU BACK REGARDING THE PROPERTY WITH CODE# 19256
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