How do you get an apartment in construction legally in your name after finished?
How to Register Your Newly Constructed Property in Your Name
Imagine you’ve purchased a brand-new apartment from a construction company in Brazil that’s still in the works. What steps do you need to take to officially register your new home in your name once construction is complete? Here’s a streamlined overview of the process:
In Brazil, property registration operates through a comprehensive public records system managed locally by various Property Registry Offices. These offices maintain meticulous records of all property transactions and ownership details.
1. Public Deed (Escritura Pública in Portuguese):
Initially, your buyer-seller contract should clearly state that the deed will be transferred to your name once the property is completed. When your new apartment is ready, you will need to formalize the transaction with a public deed. This document is prepared and signed at a Notary Office (Cartório de Notas). The public deed solidifies the agreement between you and the seller, marking a vital step in the legal transfer of property ownership.
2. Property Registration:
Once the deed is signed, the next crucial step is to register this document with the Property Registry Office (Cartório de Registro de Imóveis). This office is responsible for maintaining the official records of land and property ownership. The registration process ensures that your name is officially recorded as the property owner. Your property will then be listed under your name in the central registry, which is a public record available for verification.
At Penthouse in Rio, we are dedicated to guiding our clients through every step of this process, ensuring a seamless experience from start to finish.