Business

Transfer of Position in Real Estate: A Practical Example

The transfer of position is a common practice in the real estate market, especially in new developments or those under construction. In this post, we will explain how this process works with a practical example, highlighting the steps and precautions that must be taken. What is Position Assignment? Assignment involves the transfer of the rights and obligations of a promissory contract of sale of a...

What is a Transfer of Position in Real Estate?

In the real estate market, especially in new developments or those under construction, you may hear people talking about “transfer of position”. This is an important concept that allows flexibility for both investors and property buyers. In this post, we will explain what transfer of position is, how it works and what points to consider when engaging in this type of transaction. What is Position...

Compliance Process (KYC) for Buying a New Property in Portugal: A Detailed Guide

When purchasing a property in Portugal, buyers must go through a compliance process known as KYC (Know Your Customer). This procedure is essential to ensure compliance with financial regulations and prevent illicit activities such as money laundering and terrorist financing. Here is a detailed guide to understanding and complying with the KYC process when purchasing a new property in Portugal. What is...

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