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Demolition and Reconstruction Funding
Demolition and Reconstruction Funding
A financing of up to 1,2 million QAR granted to a Qatari national as per the regulations of the Department of Housing in the Ministry of Administrative Development, Labor, and Social Affairs. The purpose of the funding is to demolish and rebuild the current residence. The property does not necessarily have to be subject to Land Management.
Brief about the service
Collection of Installments begins two years after signing the financing agreement, or upon receipt of the full amount, whichever precedes.
REQUIRED DOCUMENTS
- Copy of personal ID
- Original deed of property and accompanying plans
- Guarantee from the bank where the client’s salary is deposited
- Certificate of Electrical Disconnection
- An undated warranty check to the order of QDB in the amount of the down payment (warranty amount of 150,000 QR)
- Certificate of the demolition of the old house
REQUIRED DOCUMENTS IN CASE OF DEATH
- Identification of Heirs
- Authorization by the persons named in the applicant’s Identification of Heirs
- Death Certificate
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