Fiduciary lien is a guarantee used in asset purchase transactions. In other words, it is a form of financing where the debtor. As a form of guarantee, transfers an asset to the creditor during the period in which payment for this item will be made. The word “alienate” means to transfer ownership of something to someone and the word “fiducia” means trust, so the union of these two terms means that something will be transmitted with confidence. The most common is when a financial institution acts as fiduciary for a consumer. In these cases, if the buyer does not pay for the property, the institution can search and seize the property. We can also say that fiduciary alienation is when a property is already being financed by someone.
However, sometimes, for some reason, the person who financed the property
This means that the property is sold. We know that the dream of many Brazilians is to have their own home. But these people are not always able to buy a property without taking out a mortgage . And when Brazil WhatsApp Number Data the individual is unable to afford the high monthly fees charged for these financings. There is a need to sell the property that is already financed. Many brokers have doubts about this type of negotiation, as it involves a certain amount of bureaucracy. Selling a property is no longer a simple task and full attention is required in this process, especially when it involves certain complications, such as a fiduciary sale.
So what should we do if the property the client liked is already financed?
Is it possible to sell a property that is alienated? Check out: What is fiduciary alienation? fiduciary alienation As we have already Cambodia WhatsApp Number List mentioned, fiduciary alienation is when an asset is transferred to the creditor and this remains until the debtor pays his debt. The most common thing is that this is done with financial institutions, which means that the asset remains in the name of the institution as a guarantee of payment. If the debtor does not pay the financing, the property sold may be searched and seized. In practice, this means that the debtor will be able to use the property
