Regulatory Alerts2025-01-01
Circular No. 126/2025: Real Estate Appraisal Reports
The Palestine Monetary Authority issued Circular No. 126/2025 to all banks operating in Palestine, mandating the implementation of new real estate appraisal reporting requirements. Banks are required to archive appraisal reports for easy retrieval and to attach these reports with mortgage deeds to land registration offices as a mandatory condition for completing mortgage transactions. This directive aligns with the Land Authority's need for estimated values and data to conduct comprehensive real estate appraisals.
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