International interest and fresh capital are revitalizing Brazil’s real estate industry. Local developers are getting listed in the Bovespa and New York exchanges and expanding nationally. Better financing for the housing sector has increased demand.
While the industry is surging forward, the law is still catching up. Other markets provide title insurance, encourage limiting indemnities in agent relationships and outline specific regulations on retail space leasing. Under Brazilian law, certain terms of cross-border agreements are restricted, and some real estate activities are not contemplated at all.
Trench, Rossi e Watanabe can help you apply more sophisticated methods of owning, exploiting and developing real estate assets within Brazil’s legal framework. Through their Baker & McKenzie network, they transfer knowledge and best practices between more than 230 lawyers who focus on real estate. They can structure your agreements in ways that preserve and promote your rights and decrease your liabilities.