Frequently Asked Questions

FAQs

Payment Terms
General About TABO Lands Payment Terms Purchase Instructions and Ownership Transfer Information Miscellaneous Questions

What are the payment terms?

We provide two flexible payment options designed to accommodate your specific needs:

Option 1: Direct installment plan with Union Construction and Investment (UCI):

  • Reservation Payment (10%): A non-refundable 10% of the land value is required as a reservation fee.
  • Remaining Balance (90%): Payable through monthly installments over a period of 5 years (60 months).
  • Customers residing in Palestine: Post-dated bank cheques from a local bank are required.
  • Customers residing outside Palestine: Payments are made via bank transfers to the company’s account.

Option 2: Cash payment (for lands with ready title deeds):

  • Full payment is made either via a cheque delivered in person at the company’s headquarters in Al-Masyoun, Ramallah, or via a bank transfer to the company’s account within 7 days of receiving the notification.
  • Upon receiving the full payment, ownership transfer procedures will begin at the Land Authority

Is the down payment refundable?

The reservation fee, which amounts to 10% of the land value, is non-refundable.
Exception: If the buyer permit application is rejected by the Palestinian Authority for buyers who do not hold West Bank/Gaza IDs, the paid amount will be refunded after deducting bank transfer fees.

If I decide to cancel my reservation, will I get a full refund?

In the case of reservation cancellation:

  • If the due installments are not paid on time, the sales agreement will be terminated and the reservation considered void.
  • The company has the right to deduct 10% of the reservation fee and 25% of the paid installments as compensation for damages.
  • The remaining balance will be refunded after the deductions

Who is exempt from obtaining a buyer permit?

Individuals holding a Palestinian ID issued in the West Bank or Gaza Strip do not need a buyer permit from the Palestinian Authority and may proceed with the purchase process immediately.

As for holders of Jerusalem IDs, the requirements are as follows:

  • For purchasing land in the Ramallah & Al-Bireh Governorate: Only a residence certificate issued by the Governor of Al Ram is required.
  • For purchasing land in the Salfit Governorate: A residence certificate from the Governor of Al ram is required, in addition to a non-objection letter from the Governor of Salfit.

Who is required to obtain a buyer permit to complete the sale?

According to the applied Palestinian law, certain foreign nationals must obtain a buyer permit from the Palestinian Cabinet to own land in areas under the Palestinian Authority. Approval depends on the principle of reciprocity—if a foreign country allows Palestinians to own land, its citizens may be granted ownership rights in Palestine.

Individuals subject to this requirement must submit a permit application in accordance with the instructions of the Palestinian Authority.

Union Construction and Investment will handle the permit application process on behalf of its clients for review by the authorities.

Can I purchase a land parcel in installments through the “TABO” project?

Yes, you can purchase your land through the TABO project with the following terms:

  • For residents in Palestine: 10% down payment, with the remaining balance payable over 5 years (60 months) via post-dated cheques from a local Palestinian bank.
  • For non-residents: 10% down payment, with the remaining balance payable over 5 years (60 months) via bank transfers to the company’s account

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