Those involved in the real estate development and property negotiation process . In short, those responsible can place their project under the allocation regime, that is. They can be assigned to carry out the development and also transfer the properties to their respective buyers. This means that the developer’s assets will be separated by their own means. For this to happen, the project needs an exclusive CNPJ during the works. This way he will be financially separated from the developer. And it will also have its own taxation regime. The document to make this process official must be signed by the developer and, in certain circumstances, by the buyers of the units that are part of the project. It must then be registered at the appropriate Property Registry Office .
This procedure can be done as soon as
The project is registered with the Incorporation Memorial, but it can also be regularized later. After that, it will be presented in the property registration. In this way, the established heritage will bear the rights and duties associated with the incorporation. And Iran Telegram Number Data of course, it will assure those interested in purchasing the properties that they will have legal protection. If the project is discontinued due to different factors, among other problems that may occur during construction, etc. How important is affected assets? importance of heritage As we have already mentioned, the purpose of the allocated assets is to ensure that the project will be completed and the properties will be transferred to their buyers, even if the developer responsible declares bankruptcy.
The purchasing client will have more financial security
As the allocated assets mean that the accounts are separate, that is, the bankruptcy of the developer does not affect the project, especially because, in this process, a specific bank account is created for the construction. For this reason, if the company Kenya Telegram Number List is unable to use the resources from one building to pay for others, the funds from each building will be safe. The Law also states that a committee of representatives can be created to supervise the work. It may be formed by clients who purchased the properties or by someone trusted by these clients. The commission must receive regular statements about the stages .
