Terms and conditions


Terms and conditions of financing finishing and construction for the property you desire:

   1. Detailed constructional assessment presented by the authenticated appraisal registered from the contractors union (at least 3 years) accompanied by the following documents:
      a) Commercial registration.
      b) Taxation card.
      c) Classification card from the contractors union.
      d) Reference list.
   2. Consultant engineer for approving the completed deeds and present a progress report.
   3. In case of finishing, a detailed constructional assessment should be presented by the
      authenticated appraisal accompanied with an approved certificate from the consultant
       for the safety of the property.
  4. Presenting a detailed time schedule for finalizing the deeds concerning construction
       and finishing the property.
  

Terms and conditions in case of building only:

   • The Land should be registered or able to be registered.
   • A copy of the property license and the construction drawings.
   • Submission of land action certificate form (19).
   • Property certificate form (18).

In case of properties located in New Urban Communities, the following documents are required:

   • A copy of the land allocation decision.
   • Document of the land handling.
   • A copy of the property license and the construction drawings.
   • A document from the New Urban Communities confirms the full payment of the land.
   • Letter from the New Urban Communities classifying their acceptance for the property
     mortgage.

   Or investor should be presenting a guarantee of another property, registered or able to be registered.