Topic of this issue:

In the March Newsletter, we’ve selected some of the most outstanding news for the real estate market brought by the law and jurisprudence in the first quarter of 2017, covering the following matters: (i) Normative Ruling RFB No. 1684 and Registration of condominium sectors as braches before the National Registry of Legal Entities ("CNPJ"); (ii) Law 13,097/2015 and the Concentration of Acts in the Property Record File; (iii) Superior Court of Justice's ("STJ") decision for the capital gains income tax exemption on a property sale to pay for a second property previously acquired; and (iv) recent decisions of the labor courts, which understand that the construction site owner is not liable for the contractor’s labor debt.

The Real Estate Operations team at Tauil & Chequer Advogados in association with Mayer Brown is available for further information.