LAW OF THE REPUBLIC OF MOLDOVA

of July 31, 2024 No. 218

About modification of some regulations ("First house plus")

The Parliament adopts this organic law.

Art. I. – In the Law on some measures for implementation of the state program "First house" No. 293/2017 (Official monitor of the Republic of Moldova, 2018, Art. No. 18-26, 95), with subsequent changes, to make the following changes:

1. State Article 4 in the following edition:

"Article 4. Selection criteria of beneficiaries of the Program

(1) For receipt of mortgage loan within the Program the physical person shall correspond in total in total to the following criteria:

a) be citizen of the Republic of Moldova;

b) be resident of the Republic of Moldova in the value determined in Item 5) of article 5 of the Tax Code No. 1163/1997;

c) the beneficiary and/or his spouse / spouse shall have the official income gained in the Republic of Moldova for payment of mortgage loan. The ratio between monthly fee, plus interest rate and commission on guarantee, and total net income of the beneficiary and his relatives of the first degree of relationship and/or the spouse/spouse of the beneficiary who participate the income in repayment of mortgage loan as the co-debtor is calculated in compliance in rules of responsible crediting of National Bank of Moldova and cannot exceed 70 percent;

d) on the date of the request for mortgage loan the beneficiary or his spouse / spouse does not own housing as exclusive property or together with other family members or:

– owns no more than one housing, irrespective of method and date of its acquisition which living space less or is equal to 50 sq.m; or

– owns housing as exclusive property or together with other family members irrespective of its living space, located in the village or in the commune, the municipium of Chisinau which except for is in structure sat down also communes;

e) the beneficiary or his spouse / spouse acquired no more than one housing which living space is less by means of the Program earlier or is equal to 50 m 2, and completely extinguished the mortgage loan received on the basis of the agreement within the Program.

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