04. Applications for Investment of Minors' Properties 04. Applications for Investment of Minors' Properties
No
Service Name
Service Description
Required Documents *
1
Application for Purchase of Shares
This service permits the Guardian to submit an application for disbursement of the minor's funds in order to invest the same in purchasing shares. The Guardian or Attorney shall have the right to apply for obtaining this service.
This service shall be provided by the Minors' Affairs Management in the Department through the Customer Service Section.
1- Official statement showing the value of the share. 2- Investor's number. 3- Statement of the Annual Income. 4- Guardian's Application.
2
Application for Building a Property
This service permits the Guardian to submit an application for disbursement of the minor's funds in order to invest the same in building a property. The Guardian or Attorney shall have the right to apply for obtaining this service.
This service shall be provided by the Real Estate Investment Section at the Foundation through the Customer Service Section.
1- Land Ownership. 2- Copy of the Map. 3- Guardian's Application. 4- Project's Plan (if any).
3
Application for Purchasing a Property
This service permits the Guardian to submit an application for disbursement of the minor's funds in order to invest the same in selling a property. The Guardian or Attorney shall have the right to apply for obtaining this service.
This service shall be provided by the Real Estate Investment Section at the Foundation through the Customer Service Section.
1- Guardian's Application. 2- Land Ownership. 3- New Copy of the Land's Map from the Municipality. 4- Statement showing the balance (Minors or Interdicted Persons).
4
Application for Selling a Property
This service permits the Guardian to submit an application for disbursement of the minor's funds in order to sell a property. The Guardian or Attorney shall have the right to apply for obtaining this service.
This service shall be provided by the Real Estate Investment Section at the Foundation through the Customer Service Section.
1- Evaluation Certificate. 2- Land Ownership. 3- Copy of the Map. 4- Guardian's Application.
5
Application for transferring amounts into Deposits or Port Folios
This service permits the Guardian to submit an application for transferring minor's funds into deposits or port folios.
The Guardian or Attorney shall have the right to apply for obtaining this service.
This service shall be provided by the Real Estate Investment Section at the Foundation through the Customer Service Section.
1- Official statement issued by the Bank. 2- Guardian's Application.
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