General Aspects of Real Estate Development in Brazil
How Real Estate Development Works in Brazil: From the Development Plan to Registration at the Notary’s Office, and Why It Protects Both the Developer and the Buyer.
How Real Estate Development Works in Brazil
Registration is what links a construction project to the property title, allowing units to be sold off-plan. Law No. 4,591/64 exists precisely to protect buyers in these circumstances.
How the process begins
It all starts with the registration of the incorporation deed at the notary’s office—a complete file containing the land title, certificates, the approved plans, area calculations, and a number of other technical documents required by law.
What the notary's office verifies
The registrar verifies that all documentation complies with the law before approving it. Once it passes the review, each unit in the development is assigned its own registration number.
Why It's Worth Registering
- For the developer: this makes it possible to sell off-plan and finance the construction with that money
- For the buyer: assurance that the transaction is legitimate
- Additional tax benefit when combined with restricted assets
Are you planning to start a business?
Tettu handles the entire registration process.