Charges and terms for official registration of Mortgage loans
| Name of activity | Charges (AZN) | Name of organization performing activity | AR Law “About State Charges” |
| For mortgage agreements signing as guaranty of Loan agreements | 28 | Notarial offices | Article 10.4.3 |
| For confirmation of purchase and mortgage agreement signed as Composite agreement for dwelling area purchasing by mortgage loan | Notarial offices | Article 10.4-1 | |
| In Baku city | 110 | ||
| In other city and regions | 44 | ||
| For confirmation of purchase and mortgage agreement signed as Composite agreement for dwelling area purchasing by social mortgage loan considered in Legislation: | Notarial offices | Article 10.4-2 | |
| In Baku city | 55 | ||
| In other city and regions | 22 | ||
| For giving reference from state registration about limitation (loadness) of rights on real estate (Form 1) | 10 | State Register Service of Real Estate | Article 26.6 |
| Giving of extract about state registration of property rights on real estate | 30 | State Register Service of Real Estate | Article 26.1.1 |
| For state registration of mortgage | 20 | State Register Service of Real Estate | Article 26.2 |
| Repeated and additional state registration of mortgage | 10 | State Register Service of Real Estate | Article 26.4 |
| Absolution of real estate from load by mortgage | 10 | State Register Service of Real Estate | Article 26.4 |
| For confirmation of person’s signature preparing mortgage paper | 0,25 | Notarial offices | Article 10.16 |
| For state registration of mortgage paper | 5 | State Committee on Securities | Article 21.5 |
| For additional registration of mortgage paper | 2 | State Committee on Securities | Article 21.6 |
Insurance expenses
| Type of insurance | Average amount | Term |
| Private accident and sickness insurance | 0,5%-0,7% of loan amount | During 3-5 days |
| During 3-5 days | ||
| Mortgage object insurance | 0,5%-0,7% of loan amount | During 3-5 days |
Evaluation of mortgage object
| Description of property | Average amount | Term |
| Flats: | During 1-3 days | |
| 1-3 room | 50-70 AZN | |
| Many room | 80-100 AZN | |
| Private apartment | 100-120 AZN |
Terms
| Performing activity name | Term | Legislation |
| For giving reference from state registration about limitation (loadness) of rights on real estate(Form 1) | During 5 working days | AR Law “About State registration of real estate”, Article 5.3. |
| Giving of extract about state registration of property rights on real estate | During 20 working days | AR Law “About State registration of real estate”, Article 9.2 |
| State registration of mortgage | During 5 working days | AR Law “About State registration of real estate”, Article 20.3 |
| State registration of Mortgage paper | During 3 working days | 2.2nd paragraph of “Rules of mortgage paper state registration” |
| Aditional registration of mortgage paper | During 2 working days | 3.3rd paragraph of “Rules of mortgage paper state registration” |
Translations are not official and not notarially approved.