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Old 17-04-2008, 08:34 AM
JMBroad JMBroad is offline
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Join Date: Jun 2007
Location: Natal, Brazil
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Quote:
Originally Posted by Dotty View Post
Important info.To all prospective future buyers in Brasil.Always make sure the seller produces a valid CRECI NUMBER.This is a legal estate agent number authorising that particular person is able to sell property in Brasil.These people have trained in Brasil ,speak fluent portuguese and can understand all contracts compre E vendas and rented contracts,clauses,Brazilian law etc,etc.Legislation form State to state can also vary so do check all documents correctly.
Absolutely true - very important that the person you are dealing with on the ground is fully licensed. Of course this doesn't mean they will read the contracts or do any due diligence, it just means that if they want to do it and decide to do it, they are able to do the necessary research.

Also, keep in mind that this is only required when it is an agent selling the property. Anyone can sell their own property without a Creci license, so in many cases an "assistant" of the owner will take you to the site, but the person who will do the contract with you is actually the owner - typical way the local developers get around hiring people with Creci licenses in Brazil.

I'm sure Dotty was about to mention that too
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