​

             The profession of Real Estate Broker was initially sanctioned on August 27, 1962, with Law No. 4,116. The new regulation for the profession was obtained with Law No. 6,530, of May 12, 1978, allowing the practice of the profession to the Technician in Real Estate Transactions, also including the performance of the Federal and Regional Councils.

It is up to the Broker of Imovables professionally act as intermediaries in the purchase, sale, exchange and leasing of real estate and provide opinions on real estate sales.

To exercise its function, the broker must sign a mediation contract with the owner of the property.

This document must be made in two copies and signed by both parties, and it must also contain the value and conditions of sale, the adjusted percentage and the establishment of the deadline for the broker to complete the mediation. Syndicated brokers have a series of benefits, such as a special price when placing advertisements for real estate, however, the full name of the broker and address must appear in the advertisement, in addition to the CRECI number.

​

        In Brazil, the broker must be registered with the CRECI (Regional Council of Real Estate Brokers) in his state, which organizes the registration of professionals and regulates and supervises the profession and activity at the state level.

Only professionals trained in a Technical Course in Real Estate Transactions (TTI) or a higher course in Real Estate Management can enroll.

The fee on the sale of a property is due to the broker who intermediated the sale. If the owner does not want to sign a put option, at least the brokers must have a visit control signed by the buyer, as this gives the right to the fee in the event of a lawsuit.

 

 

Property Values

 

               Regarding the factors that affect the value of a property, in addition to the law of supply and demand, the proportions, use and location of the property are also part of these factors.

The guarantee of a safe and perfect business depends on a series of documents that must be duly registered and regularized, among which can be mentioned: title of ownership, certificate of filiation of domain for a period of 20 years, negative certificate of encumbrance for the period 20 years, repeating the names of the owners, in the same way as in the domain affiliation certificate, etc.

The value is officially determined by a Real Estate Appraiser based on the principles of appraisal engineering.

The Real Estate Registry is a task that is the responsibility of the Real Estate Registry Officer, who is responsible for registering, registering and registering the property.

This whole process applied to the purchase of a property is mainly due to the fact that, as determined by the Civil Code, there are a series of prohibitions on the sale of properties, as well as restrictions for buyers.

The public deed is a document prepared in a notary, by an agent who holds the public function. In the case of immovable property, it may be registered at the real estate registry office, transferring ownership of a given immovable property.[1] Article 108 of the Brazilian Civil Code provides for the public deed being essential for acts relating to the transfer of real estate worth more than thirty times the minimum wage. Art. 108. If the law does not provide otherwise, the public deed is essential to the validity of legal transactions aimed at the constitution, transfer, modification or waiver of real rights over real estate worth more than thirty times the highest minimum wage in force in the country. [two] There are cases in which a public deed is not necessary for the validity of the legal transaction, they are: the commitment to buy and sell real estate in lots (Law nº 6.766/79,[3] art. 26 (urban); and art. 7, Dec.Lei 2.375/87[4] (rural)), the sale and purchase of property of any value with financing through the contracting of fiduciary alienation in guarantee, the loan with fiduciary alienation in real estate guarantee, under the terms of the SFI (Law no. 9,514/97,[5] articles 38 and Sole Paragraph of article 22, as amended by Law no. 11,076/2004), the purchase and sale of property of any value with financing from the SFH (art. 1 of Law no. 5,049 /66, which amended article 61 of Law No. 4,380/64), and, naturally, any legal transaction involving property with a value equal to or less than thirty times the highest minimum wage in force in the country, by virtue of the exception brought in article 108 of the Civil Code.