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CEF Bank (Caixa Econômica Federal) announced, in February this year, “Poupança Caixa” program, a new type of real estate credit in which the interest rate varies according to the Savings’ income and according to the client’s profile. Effective rates start at 3.35% per year, added to the additional savings remuneration rate: 70% of the Selic…
Yes, there´s a lot! Commonly confused, these terms are the key to almost any understanding that is sought in real estate law. The Brazilian Civil Code of 2002 conceptualizes ownership as a real right, which is presumed to be full and exclusive until proven otherwise. Article 1,228 The owner has the power to use, enjoy…
If you are not in a hurry, the real estate consortium can be a great deal. It is a kind of collective savings (common fund), with the purpose of acquiring a specific property, where the consortium member contributes monthly and, under equal conditions with the other participants, can be contemplated through the programmed drawings. Law…
Created and regulated by Law No. 4380/1964, the SFH (Sistema Financeiro Habitacional = Financial Housing System) aims to reduce the Brazilian housing deficit, allowing the beneficiary to acquire, build or renovate residential properties, provided that the maximum limit to be financed is 80% of the value of the evaluation of the good – which cannot…
Being an owner is the first step towards achieving financial and emotional security.