Apply for the loan officer (agricultural engineer) to transfer ownership of the project.
- The owner of the project submits a registration verification form for the land of the project from the Land Department.
- Prepare a statement of indebtedness of the new owner to show the financial accounts of the agricultural lending institution.
- Submit the investigation form after filling it from the Land Department to the Lending Officer (Agricultural Engineer).
- The Lending Officer (Agricultural Engineer) confirms the new owner's commitment to the debt, the terms of the contract and any previous debts to the institution, prepares the transaction for the transfer of ownership of the project, and provides his explanations for the transaction.
- Transfer the transfer of ownership to the branch manager for review and approval if the transfer of ownership to the wife and children, but if otherwise, the transaction is transferred to the General Directorate for approval.
- Issuing and handing over the title to the new owner.
Note: If the project contains an animal wealth that transfers ownership and the new owner becomes guarantor of the debt bond / financing contract until the full repayment of the loan.