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End of Part 2 of Presentation * Registration of Mortgages and Law on Mortgage of AzerbaijanPart 3 Stevan Dobrilovic, Land and Property Rights Consultant USAID/Trade and Investment Reform Support Project * Mortgage loan process Steps to conclude a mortgage credit: Application for credit to bank Bank evaluates property and borrower and approves credit Mortgage contract is prepared and parties sign before notary (this may occur at same time as notarization of sale contract) * Mortgage loan process Steps to conclude a mortgage credit: Mortgage contract is registered in Real Estate Re