REAL ESTATE
Application for the release of a mortgage relating to VAT paid by the State
MREs who own social housing (main residence)
An MRE who has granted the State a first or second mortgage as security for the payment of VAT when purchasing social housing* to be used as their main residence for a period of four years may have that mortgage discharged.
The procedures for obtaining this release must be carried out at the Tax Office in the area where the property is situated (see ‘Documents to be provided’).
* Any residential unit with a floor area of between 50 and 80 square metres and a sale price not exceeding 250,000 dirhams, excluding value added tax.
- An application using the standard form;
- A copy of the contract of sale;
- A copy of the CNIE showing the address of the property subject to the mortgage, or a certificate of residence stating the length of time the applicant has actually lived at that address;
- Copies of receipts for payment of the local services charge.
