Real Estate

National Council of Justice (CNJ) reinstates the use of private instruments for fiduciary sale agreements as collateral for real estate

29 November 2024

The National Council of Justice (CNJ) granted an injunction allowing the resumed use of private instruments in fiduciary sale agreements as collateral for real estate, even outside the scope of the Real Estate Financial System (SFI). This measure reduces transaction costs, streamlines contracts, fosters the business environment, and stimulates growth in the real estate and credit markets in Brazil.

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This newsletter provides information about legal developments in Brazil to clients and members of Cescon, Barrieu, Flesch & Barreto Advogados. The content included herein is not meant to provide legal advice with respect to any specific matter. We do not undertake to update, supplement or modify the information contained herein.

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National Council of Justice (CNJ) reinstates the use of private instruments for fiduciary sale agreements as collateral for real estate

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