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FAQs

 The Royal Decree No. 15629/B dated Oct 11 2007,exempts deceased borrowers from repaying the loan of the REDF. Does this include those who purchase a house financed by the REDF even when the loan is not transfer to their names before their death?


Whoever purchases a house financed by a loan from the Real Estate Development Fund and the loan is not transferred in their name before their death, is not covered by the above-referred Royal Decree.
Last Update : 5/14/2023 1:23 PM