Regulatory Alerts2014-01-01
Decision No. 70 of 2014
The Financial Regulatory Authority (FRA) issued Decision No. 70 of 2014 to establish standardized valuation fees for real estate experts assessing housing units allocated to low-income and middle-income beneficiaries of the Real Estate Financing Fund. This regulatory directive standardizes compensation rates for property appraisals, ensuring consistent cost structures across subsidized and mid-tier housing projects. The decision applies to all certified valuation professionals handling these specific residential units, thereby streamlining the financing and approval process for eligible borrowers.
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