Registration Of Amendment Of Mortgage (Complementary)
Authentication of the process of increasing the mortgage duration or increasing the amount or modifying the remarks relevant to a real estate or a real estate unit, preventing the owner of the real estate or the real estate unit to dispose it of except after the approval of the mortgagor
Required Documents
- Individuals ( The original title deed of a property or ownership certificate of a real estate unit)
- Individuals ( The original mortgage contract )
- Individuals ( Approval letter from the mortgage authorities)
- Individuals ( Passport copy (for non-residents))
- Individuals ( Clearance of sanitation)
- Individuals ( No objection certificate from the developer)
- Businesses ( The original title deed of a property or ownership certificate of a real estate unit)
- Businesses ( The original mortgage contract)
- Businesses ( Approval letter from the mortgage authorities)
- Businesses ( Passport copy (for non-residents))
- Businesses ( Clearance of sanitation)
- Businesses ( Establishment contract and commercial license for institutions and companies)
- Businesses ( No objection certificate from the developer)
- Government Agencies ( The original title deed of a property or ownership certificate of a real estate unit)
- Government Agencies ( The original mortgage contract)
- Government Agencies ( Approval letter from the mortgage authorities)
- Government Agencies (Passport copy (for non-residents)
- Government Agencies ( No objection certificate from the developer)
Process
- Submitting the application request and required documents through the E-services portal
- Reviewing and approving the application by the concerned sections in AjmanRe Department.
- Personal presence of the concerned parties on Ajmanre headquarters to sign the contract/
- Fees Payment
- Receiving the title deed/certificate during the official working hours from AjmanRe Department headquarters
Service Fees
- 0.5% of the value of the increase with a minimum of AED1,000.00
- AED500.00 fees for amendment of mortgage duration
- AED500.00 amendment of the particulars of the mortgage (other than the value and the duration)
- AED350.00 issuance of title deed and ownership certificate.
Service Duration
- 9 Minutes
Service Channels
- Customers Happiness Center
- E-service portal