guarantee
Do you know what´s the difference? Both the surety and the endorsement are waranties of satisfaction of a certain credit. Both garantors undertake to honor a certain debt if the original debtor does not do so. But the similarities stop there. The endorsement is an institute concerning foreign exchange securities (or credit securities), and was…
The surety is a type of rental/location guarantee provided for in Article 38 of the Location Law (Law No. 8,245 / 91). In addition to this, there are three other possibilities: surety bonds (guarantor), rental guarantee insurance and, since 2005, the fiduciary assignment of investment fund shares. When contracting a residential or commercial rental where…
Being an owner is the first step towards achieving financial and emotional security.