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[:en] The acquisition of a property must be carefully performed in order to protect the buyer from potential problems that may cause him financial prejudice and psychological frustrations. Thus, it is important to conduct some research beforehand and have specific documents in order to mitigate risks, ensuring the purchase is a safe and satisfactory legal operation. Under brazilian law, the buyer and the seller must attend a legal clerk (notary) and require the drafting of a Deed of Sale in order to achieve a real estate transfer.After the issuance of such Act, the buyer must proceed to its registration before the competent Property Registration notary. At this point, it is important to highlight that the transfer of ownership will only be opposable against third parties after registration of the Deed of Sale at the Property Registration notary. Nevertheless, even before the issuance of the Deed of Sale by the Notary, it is important to certify that there is no legal obstacle concerning the property. That can only be achieved after a careful analysis of the documents concerning the property itself as well as the seller’s personal situation. Such analysis must certify that (a) that the property does not have legal obstacles preventing [...]Chenut Advogados
Chenut Advogados
