Engagement of new partners in investment contract

Estimated Time:

21 working days.

Location:

  Awqaf Properties Development Department.

Estimated Fee:

None

1
  • Description
  • Procedures
  • Required Documents
  • Persons benefiting from the service
  • Files
  • Related Services

Conditions for obtaining service

  • Agreement of all current and the sponsor on engagement of new partners.
  • A Jordanian sponsor if the new partner is non-Jordanian.

Notes

None

Partner institutions:

None

Procedures

  • Submit a written request to engage new partners; indicating the agreement of all current and the sponsor upon signing the investment contract.
  • The Real-Estate Rentals department or the investment department shall study the application in terms of due procedures, and recommend to the Awqaf Council to approve the application.
  • In the event of approval by the Council, the investor shall pay all previous wages and dues arising from the property in the Finance Department.
  • Then, an annex to the agreement shall be signed between all parties; handing-over to the investor a copy thereof

Required Documents

  • Individuals:
  1. Civil Status ID for all parties.
  2. Passport for non-Jordanians.
  • Enterprises:
  1. Company’s registration certificate, a copy of the commercial Register, and a copy of the civil ID of the authorized signatory.

Persons benefiting from the service

  • Investors of the Department.
  • Public and Private enterprises, whether natural or juridical persons.

Files

No Found Files

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