Mortgage Registration

Mortgage Transaction (Commercial or Residential)

 

 

Required documents

  1. Original property title deed.
  2. Original Mortgage contract (approved by notarization office).
  3. The bank's representation letter.
  4. When there is a power of attorney for seller or buyer, a maximum of two authorized contract is required (According to the Minister of Justice and Islamic Affairs law No. 15/2000). If the power of attorney was issued out of the Kingdom of Bahrain it should be stamped and approved from the Ministry of Foreign affairs and concerned embassy.
  5. If it is a company, a copy of the Memorandum of Association of the company and the Commercial Registration are required.

 

Transaction fees

  • 5 dinar fixed fees (housing pledge) and 6 dinar fees (commercial pledge) are paid for every transaction.
  • Land registration form costs one dinar for every transaction.

 

 

 

Registration prohibitions

  • A request from the Ministry of justice and Islamic Affairs courts to block any transaction for the property.
  • Submitting the notarized contract one year after its notarization date.
  • Request from the minister of Municipality and agriculture affairs to possess the property before registration.

 

Note: During the receipt of the request if there is a need for more documents than that is mentioned, you will need to bring them.