177. In the assessment of the development phase, institutions should establish that the borrower …

In the assessment of the development phase, institutions should establish that the borrower:

• a. has a plausible business plan, including a rationale for the development and a projection of all costs associated with the development verified by an independent expert;
• b. has access to builders, architects, engineers and contractors for the development of the real estate;
• c. has obtained or is able to obtain in the future all necessary permits and certificates for the development, as the project progresses and before disbursement(s).

1. Forbhreathnú

1.1 Tagairtí

1.2 Ceanglais aitheanta

1.3 Caighdeáin ghaolmhara

2. Ceanglais aitheanta

3. Caighdeáin ghaolmhara

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