Transfers for the purpose of dividing jointly owned securities

For the purpose of dividing jointly owned securities, the conversion takes place from the name of the joint ownership owners to the name or names of the individual joint ownership owners.

الفئة/ الفئات المستفيدة من الخدمة

People who own joint ownership.

شروط الحصول على الخدمة

The shares must be free and deposited in the central registry, and if the shares are in the investor’s account with the broker, they must be transferred to the central registry before executing the transfer process.
The approval of the owners of the joint ownership or their agents who are expressly authorized to carry out the joint division and their presence to sign the transfer applications before the competent employee in the center.

إجراءات/ خطوات تقديم الخدمة

The concerned person or his legal representative must submit a form of transfer and transfer of ownership of securities to the Center
The concerned employee verifies the personality, eligibility and satisfaction of the joint ownership parties.
The concerned employee verifies the ownership of the securities and performs the transfer as described in the submitted application.
Print the transfer notice and stamp it with the Center's stamp and hand it over to the investor.

الوثائق المطلوبة وأماكن الحصول عليها

Copies of identity documents for all ownership parties.
If one of the parties to the joint ownership is deceased, he must submit an original or certified copy of the inheritance deed, in addition to a copy of the death certificate and a letter of clearance (death) from the Jordanian Income and Sales Tax Department.
If one of the co-owners is deceased, then the division shall take place in the presence of all the heirs or their legal agent authorized to carry out the division to sign the transfer application form at the Center.
An approved address for each of the co-owners.
In the event that the transfer takes place under a power of attorney, the power of attorney must explicitly include the right of the agent to carry out joint division or removal of common ownership, and to determine the shares and assignment of the securities necessary to reconcile the units of securities between the joint owners.

وقت إنجاز الخدمة

60 minutes.

مكان/ أماكن تقديم الخدمة

Center headquarters.

المؤسسات الشريكة في تقديم الخدمة وأدوارها

Nothing.

رسوم الخدمة

The Center collects commissions for conducting the transfer transaction in order to divide the jointly owned securities according to the following:
- (0.002) Two per thousand of the market value of the shares.
- (0.0001) one in ten thousand of the market value of government bonds and bonds issued by public institutions, municipalities and loan bonds.
The center collects the commissions referred to in item (1) above from one party, with a minimum of (250) fils per contract.