In continuation of the special efforts in cooperation with the Land Authority, the Chairman of the Board of Directors of the PCMA, Dr. Nabeel Kassis, and the President of the Palestinian Land Authority, Judge Muhammad Ghanem, signed a memorandum of understanding to develop work in the field of real estate appraisal at the Land Authority, in addition to exchanging accumulated experiences between the two parties. This memorandum came as a culmination of the joint efforts made by the two parties to unify the national efforts in the field of real estate valuation, as the PCMA will work in accordance with this memorandum in providing its practical and scientific expertise in relation to real estate valuation and monitoring it, which will have a significant impact on the development and organization of the real estate sector in Palestine, and strengthening knowledge, technology and technical exchange between the two institutions.
The memorandum provides for achieving joint cooperation and coordination, setting work mechanisms, specifying the tasks and obligations of the relevant parties, and cooperating to organize and develop the real estate appraisal sector and real estate appraisers, including unifying the appraisal standards, monitoring and supervising real estate appraisers.
In cooperation with the Banking Institute, the PCMA held two real estate appraisal training courses on August 6th, 2022 and August 18th, 2022 for the purposes of obtaining a real estate appraisal license, benefiting 32 participants, followed by a real estate appraisal exam that was held on December 18th, 2022, in the presence of 30 participants, 13 of whom passed the exam. It is worth mentioning that five new real estate appraisers have been licensed, bringing the number of licensed real estate appraisers to 65.