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FINANCIAL LEASES
❖ It is the registration of the contract that arises between the Property Owner and financing entity (bank) in order for the property owner to obtain a financing based on the guarantee of the land, where the owner waives the land to the bank, and re-rents the land according to the terms of the contract.
Standard Fees
– Innovation Dirham Fees: Dhs. 30
– 0.25% of the amount of financing
– Knowledge fee of Dhm 10 on each fee
Service Fees
– 4000 Dirham
Required Documents
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The Original Title Deed
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A letter from the financing entity with the presence of a bank representative
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Presence of the owner
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