
08-04-2008, 11:08 AM
|
|
Senior Member
|
|
Join Date: Apr 2008
Posts: 933
|
|
Never use the same lawyer as the builder.As for registering title deeds you do not even need a solicitor .It is very straight forward providing all documents are in order with both parties.The location will be stunning because Brazil is stunning ,but all the more reason to be extra cautious especially in this case.It sounds like a classic rip off job!
Quote:
Originally Posted by martint
I have also been to the site, and I decided to go ahead, the location is stunning David.
I was also given the due diligence report, and it did not have the infrastructure report, just because they had not collected it yet, as it was not needed. I asked for this document and 5 days later I had it, then I gave the okay.
I have finished on completing on a unit and the lawyer I used was also Rui Farias, however I was impressed. For a 9000 purchase they use the same lawyer as a cost saver for the client, I am not going to spend 3000 on lawyers for a 9000 investment. It is registering a title deed. You can use your own lawyer to check out the docs, do that in UK, but for title deed, it makes sense to use that lawyer.
The reason he can represent you all is because of the way it works, the protection is all there from the banks for example to protect your money.
I have seen the original SEMACE and renewal documents, but it is standard procedure in Brazil to renew the SEMACE yearly.
I hope this answers any questions David.
|
|