The validity of your Nashval corresponds to the total duration of the rental contract.
Do I need to have a chosen apartment to acquire Nashval?
Yes, to complete the Nashval, you need to have selected your apartment because the amount to provide will be based on the monthly rent amount you will pay. If you are still in the process of finding an apartment, you can initiate the request with an estimated monthly rent amount you are willing to pay, and when you have found the apartment, you can provide the relevant information for that property.
If I'm a tenant and I contract Nashval, what does the owner need to do?
We will only require the name and contact information of the property owner you will be renting from because it is necessary to generate the guarantee certificate. We will not request any additional payments from the owner.
How many months of rent are required to generate Nashval?
The amount to be provided will be equivalent to a specific number of months' rent. This varies based on the type of property the tenant is renting and their income type.
When can I withdraw the returns?
Tenants can obtain the associated yields annually. There will be a counter on the platform where you can see the returns being generated and the date when they will be unlocked.
If I'm a tenant but don't have the necessary months to provide and obtain my Nashval, what can I do?
A third party can initiate the request and provide the equivalent amount. The certificate will be in the name of the individual who will be the tenant of the property, and the returns associated with the process will belong to the third party involved.
* The amount to be provided will depend on the type of rental and may range between 1 and 5 monthly payments; this amount will be returned at the end of the service along with the generated return.