Director General of Foreign Nationals Affairs: Any type of mortgage and rental contract with unauthorized foreign nationals is prohibited.
The Director General of Foreign Nationals and Immigrants Affairs of Alborz Province stated that any type of mortgage and rental contract for residential, commercial, and industrial buildings by individuals and real estate agents with unauthorized foreign nationals is prohibited.
On Saturday, May 8th, Siros Dehghan Shiri added that entering into mortgage and rental contracts with authorized foreign nationals also requires verification from the General Directorate of Foreign Nationals and Immigrants Affairs of Alborz Province, and is possible only with approval in this regard.
He stated that all real estate agents are required to obtain legal permission to rent properties to unauthorized foreign nationals, and legal action will be taken against those who operate without a license.
The Director General of Foreign Nationals and Immigrants Affairs of Alborz Province added that in case of neglecting this matter and signing contracts without the approval of the General Directorate of Foreign Nationals and Immigrants Affairs of the province, real estate agencies will be subject to the regulations of Article 9 of the executive bylaw of Article 81 of the Trade Law.
He emphasized that based on this, those real estate agencies that have drawn up contracts without adhering to the communicated regulations, especially the introduction letter for renting or mortgaging residential or commercial units to foreign nationals, will be sealed.