ABECIP = Credit and Savings Corporations Brazilian Association.

Acabamentos = (finishing) Phase that comes after building, such as painting, masonry, handles and knobs, etc.

Acessão imobiliária = Price raise of a real estate product due to natural facts or human interference.

Adjudicar = (adjudicate) To Grant possession of things, either moveable properties or real estate through a decision or legal sentence.

ADEMI = Real Estate Market Managers Association.

Agente financeiro = (financial agent) Financial Corporation, public or private, as long as authorized by Banco Central do Brasil, which provides leasing and financing.

Ágio = (agio, surcharge) Additional amount of money paid above the regular table price.

Alienação fiduciária = (mortgage) Situation where a good is given as security to guarantee the payment of a debt.

Aluguel = (rent) Amount of money paid for the use of a property. It can be for a season, in case it isn’t for longer than three months. In that case, the landlord may ask for the payment in advance.

Amortização = (amortization) partial periodic paying off of a debt. Paying in parcels or installments.

Anticrese = It’s a profit consignation as a compensation for the debt.

Apartamento cobertura = (penthouse) The last floor of a building.

Apartamento conjugado = (studio) na apartment with a living room and bedroom as one piece.

Apartamento duplex = (duplex apartment) Na apartment made of two pavements.

Apólice de seguro = (insurance policy) A contract kept between na insurance company in which there are the established conditions that rule the relationship between itself, the company and the insured.

Apropriação = (appropriation) Taking possession of na object or thing abandoned by its owner.

Arbitramento = (arbitration) To estimate a price for a certain good, by issuing na assessment, exam or evaluation.

Área de uso comum = (common use área)It’s the area that can be used by all condos.

Área privativa = (private area) It’s the area of the estate which the owner has total control of, for his personal and exclusive use.

Área útil = (useful área) We consider useful area the area of the property between walls, i.e., within the limits.

Arras = Sum of money that represents the principle of payment given to the salesperson to firm the contract and make sure that it will be fulfilled..

Arrematação = (auction buy) Legal sale of pawned goods to the highest bidder.

Arrendamento = (lease) A contract by which a person transfers the right to use a good, usually a real estate, for a certain amount of money.

Ata = (proceedings) Registration of all deliberations made by an condo assembly.

Aval = (surety bond) When a person makes a pledge to pay for a voucher, deed, check or Bill, when the rightful debtor does not pay for it.

Avaliação = (assessment) Na expert’s evaluation of the price of a good.

Avalista = (warrantor) A person who makes a pledge by a written statement, to pay for a voucher, deed or Bill, guaranteeing it’s payment in case the debtor does not pay for it.

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Benfeitorias = (improvements) Any betterments done to a property in order to preserve, fix, or simply beautify it..

Benefícios Fiscais = (fiscal benefits) Fiscal actions taken in order to reduce or eliminate taxes.

Bonificações = (bonuses) interest rate reduction.

Bonificado (Crédito) = Credit or bonus aimed at facilitating the building or the purchasing a property.

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Cadastro = Official public register of a real estate from a determined region.

Cadastro de imóveis = Registration of the real estate properties in the city, maintained by the City Hall.

Cadastro imobiliário = Registration of operations regarding real estate properties and rights about them, made by registrar offices.

Caixa Econômica = Government bank, started initially with the purpose of opening small savings accounts for people..

Caixa Econômica Federal = National financial institution, inspected by Banco Central do Brasil.

Capital = Money funds or estate which a person owns.

Capital seguro = (safe capital) Amount of money paid for a good to be safe, when there is a policy.

Capitalização de juros = (interest capitalization) The process in which the interest isn’t liquidated, but are added to the initial capital.

Carta de crédito = (letter of credit) Document to a dealer or banker authorizing the release of a certain amount of money to another person, within a certain period of time.

Cartório de Notas = (Office of a notary public) Place where they keep a file of the important documents, and public registrations.

Cartório de registro de Imóveis = Public Office integrated with the Judiciary Office responsible for registering the real right of ownership of a property.

Casa geminada = (two-family home) Houses built two by two, normally having the same divisions.

Caução = (security) The guarantee of fulfillment of the obligations pledged.

Certidão de Registro de Imóveis = (deed) Document issued by the public registration Office regarding what has been settled.

Certidão negativa = Attestation of a non-existence of any lawsuits, civil, criminal or in the Federal Justice.

Certidão de teor = Document issued in order to attest the status of the property.

Cessão = (cession) To give others credit, property or right of something.

Cessionário = (cessionary) Person to whom a contract, rights, or obligations are transferred.

Cobertura = (coverage) Warranty that consists of indemnity of na insurance contract.

Código de Defesa do Consumidor = (Consumers’ Defense Code) The law which establishes the rights and obligations of consumers and suppliers.

Comissão = (commission) It’s the percentage paid on the amount of a closed deal.

Comissão de abertura de crédito = (credit committee) Group of people whose job is to make it easier for you to get a loan or buy things on account.

Comodato = Contract which entitles a person to use a good temporarily and then give it back.

Compra = (purchase) Acquiring a good or right by paying a certain price.

Comprovação de renda = (income proof) All documents that serve as evidence of your income.

Condomínio = (condominium) Grupo of owners that generate a real estate good simultaneously.

Condôminos (Assembléia de) = (condominium’s assembly) Meeting where decisions are made about communitarian parts of the building..

Confisco de bens = (confiscating goods) It is the punitive apprehension of private property made by the Estate, without any indemnity paid to the owner.

Conservatória do Registro Predial = Division in charge of buildings registration within a determined geographical area (usually the city).

Construção por administração = (construction by administration) Contract where the builder is in charge of the construction, being paid for it either in partially or totally for the periodic costs of the work.

Construção por empreitada = (construction by contract) The salesperson is in charge of the construction of the building, and delivers the unit the buyer has bought within a certain period of time.

Construtora = (building company) An organization specialized in building and exploring real estate (apartment buildings and houses).

Consumidor = (consumer) Person or company who buys or uses products and services for their own benefit.

Conta = (account) Registration of credit and debt (budget).

Contrato = (contract) Instrument through which people leave in consignation their agreed obligations in order to acquire, rescue, protect, modify or extinguish rights.

Contrato de adesão = (adhesion contract) Contract that’s already been made and is ready to be signed.

Contrato de administração de imóveis = (property administration contract) Contract where one of the contracting parties gives the other the management of the business regarding his real estate interests, committing himself to pay for the work performed.

Contrato de aluguel = (lease agreement) Contract by which one of the parties assumes the obligation of letting the other use a real estate property, be it for a determined or not determined period of time, by an certain amount of money paid.

Contrato de compra e venda = (purchase and sales contract) It is the instrument by which a person assumes the obligation of transferring the control of a certain thing to another, since paid a certain amount of money, either at the time of making the contract or later on.

Contrato de Promessa de Compra e Venda = (promise of selling or buying contract) Contract by which the owner of a good assumes the obligation of selling it to the other contract party. And the other party commits himself to buy it within a certain period of time and by a certain price.

Contribuição Autárquica = (autarchy contribution) Taxation on real estate, configured in the current fiscal system.

Cooperativa = (coop) Group or company made of members of a determined social and economic group.

Cooperativa habitacional = (residential coop) Group formed in order to build houses, usually popular ones, to be sold to their members, who may get credit operations to do so.

Correção monetária = (monetary correction) Extra amount of money added to the principal, with legal and contractual basis, in order to update the capital corroded by time.

Co-propriedade = (co-property) Common use and possession of a property with other people.

CREA = Engineering, Architecture, and Agronomy Regional Council.

CRECI = Real Estate Agents Regional Council.

Crédito Habitação = (residential credit) Amount of money given to somebody by banking institutions for the acquisition, work, refinancing, or building of their own house.

Crédito Pessoal = (personal credit) Amount of money given to someone by banking institutions for the acquisition of consumption goods.

Crédito Construção = (building credit) Amount of money given to somebody by banking institutions for construction, and, in the case of private ones, to build their own house.

Credor = (creditor) the one entitled to the credit.

Cronograma físico-financeiro = (physical-financial chronogram) Graphical representation of job to be done (work).

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Denúncia vazia = (empty accusation) Accusations made by the tenant of a commercial real estate property without any justification, due to contract lapse of time.

Depósito caução = (security deposit) It is a deposit which works as a warranty to the contract non-payment or to the fulfillment of a legal duty.

Direito de preferência = (preference right) The tenant is given the right to buy the real estate property rented by him first.

Deságio = (undercharge) The difference between the table price and the intended one for payment.

Devoluto = (devolution) Real estate property with no residents, ready to be rented.

Destrato = (abuse) Dissolution or cancellation of a contract.

Domicílio civil = (civil domicile) Place where a person is definitely established and responds for his social activities and legal business.

Domicílio comercial = (commercial domicile) Place where a person responds for his commercial actions.

Dossiê = (brief) Gathering of documents or small file which contains all the information in regards to a determined matter, process, business, fact or person.

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Edícula = Small house.

Elementos matriciais = (matrix elements) Characteristics of a building (location, etc.) which allow its identification.

Emitente ou Emissor = (issuer) The one who issues a check, voucher, bill, etc.

Empreitada = (contract job) Contract in which the signer assumes the obligation of carrying out personally, or by means of a third party, a certain work for another person.

Empresário = (businessman) The one who is responsible for creating and running a company.

Encargo do condomínio = (condo’s tax) Condo’s expenses which each condo member, proprcionally to his cota, must pay.

Enfiteuse = Real alienable right which grants somebody the total use of a real estate property by paying a certain amount of money.

Entrada ou sinal = (earnest money, ingress money) Amount of money given by the buyer at the moment he commits himself to the deal.

Escritura = (deed) Document which proves a contract or legal act, issued by a notary public.

Escritura pública = (public deed) Document issued by a public officer, a document of public faith.

Especulação imobiliária = (real estate speculation) Negotiation performed when a corporation buys and sells real estate in order to make a profit.

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Favorecido = (favored) The person to whom the money assumed as an obligation goes to.

Fiador = (warrantor) Person responsible for paying a debt contracted by another.

Fiança = (sponsion) Contract which gives the creditor payment security, which becomes effective with the pledge of a warrantor.

Financiamento = (leasing) Amount of money granted to somebody by a banking institution for the closing of a deal.

Financiamento imobiliário = (real estate leasing) Contract by which a person provides the necessary money for the acquisition or building of a real estate property, generally with a mortgage.

Fornecedores = (suppliers) Companies or people who produce, assemble, create, build, transform, import, export, distribute or market products and services.

Foro contratual = (contractual court) Place stipulated in the contract to decide about controversies between the parties.

Fração autônoma = (autonomous fraction) many parts a building is divided into, in a horizontal property.

Franquia = Amount of money paid by the insured in case there is an accident.

Fundo de amortização = (pay off fund) Amount of money deposited from time to time in order to pay off a debt.

Fundo de Investimento Imobiliário = (real estate investment fund) Investiments regulated and inspected by Comissão de Valores Mobiliários.

Favorecido = (favored) The one to whom the money of a parcel assumed as an obligation Goes.

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Garantia = (warranty) Contract clause that guarantees the creditor the fulfillment of an obligation by a main debtor.

Garantia pessoal = (personal warranty) Security provided one or more people who assume the obligation of paying or supplying what’s missing.

Garantia real = (real warranty) The warranty falls on the goods specified in the contract.

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Habite-se = Habilitation granted to the owner of the real estate property, once all the construction work is done. It is issued by the city hall so that it can be occupied.

Hectare = Unit of measurement that corresponds to 10,000 square meters (m²).

Herança = (inheritance) The goods, rights, and duties that somebody leaves when they die.

Hipoteca = (mortgage) Real security right of a civil nature, of a real estate property belonging to a debtor or a third party, with no transfer of possession to a creditor.

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IGPM= Market Price General Index.

Imissão de posse = (possession interference) Legal act through which the owner obtains the possession of the real estate property.

Imposto = (tax) Amount of money every citizen pays to the corporations that do a public job.

Imposto de transmissão = (transfer tax) Tax over the transference of goods and rights.

Incorporador = (incorporator) Person that commits himself in organizing the construction of an apartment building in order to sell it.

INCC = Civil Construction National index.

Indexação = (indexation) Use of a technique that corrects monetary loss by using an index, in order to guarantee your purchasing power.

Indexar = (to index) To correct a monetary figure.

Indexador = (indexer) Index used to correct a certain amount monetarily, to make up for effect of inflation.

Índice de inflação = (inflation index) Index of the general raising of prices.

Inflação = (inflation) Unbalance of the financial system of a country, caused by a general raise of prices. It is one of the causes of the depreciation of currency.

IPCA = Price Index for the Ample Consumer.

IPTU = City taxation on Urban Territorial and Real Estate Property.

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Juro = (interest) Revenue generated by the capital invested in banks and connected establishments.

Juro bancário = (bank interest) Interest the money borrower is charged by the bank for his loan money.

Juros de mora = (delay interest) Interest paid to make up for the delay of a debt payment.

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Laudêmio = Premium paid when of the alienation of a real estate property used in efiteuse regime.

Leilão = (auction) Public sale, of real estate or mobile goods, to the highest bidder.

Licença de construção = (building permit) Authorization granted by the public office for the construction of an urban building.

Licença de utilização = (usage permit) Document issued after the construction of a building in order to check if all the requirements have been approved for the building permit to be granted.

Licitação = (bidding at an auction) Process aimed at selecting a contract with the public administration for the acquisition or alienation of goods, service and the carrying out of work before the best proposal presented. It is also seen in civil rights terms as a proposal or price offer that precedes a buy at na auction.

Liminar = (introductory) Measurement granted by a legal office before discussing the deed (final decision) in order to preserve the claimed right. Therefore, avoiding damages beyond repair.

Liquidação antecipada = (liquidation in advance) The paying off of debt before the agreed due date.

Lisbor = A reference market tax, for a certain time, that is product of a negotiation among the eight major banks.

Locação de imóveis urbanos = (urban real estate property letting) Contract through which the possession of a good is transferred to another person, by paying rent.

Locador = (landlord/lady) He or she that transfers the use of a good, mobile or real estate property, by receiving rent.

Locatário = (tenant) He or she who is given the possession of a good, mobile or real estate property, to use it.

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Mediadores imobiliários = (real estate agents/mediators) Companies that fill up the market in order to get buyers and sellers close to each other.

Memorial de incorporação = (incorporation memorial) Document that describes the design of the work project, specifying the finishing of the building.

Metro quadrado (m²) = (square meter) Fundamental unit of surface measurement, unit of area measurement. It is a standard unit of the International System. 1 m² = 1,550 square inches (in²).

Mora = (interest on deferred payment) We consider interest on deferred payment the debtor who does not meet his payments on the due date, place and time agreed.

Multa = (fine) Penalty stipulated on the contract about the money one has to pay if he does not meet, in whole or in part, an obligation he has assumed.

Multa contratual = (contract fine) Penalty imposed through a contract, represented by the amount of money to be paid by debtor if he doe not pay his obligation timely.

Mutuante = Individual who lends capital and receives interest.

Mutuário = Person who is lent a good through a mutual contract.

Mútuo = (mutual) Contract through which one of the parties lends the other something non spendable, committing himself to restitute following the same quality and gender standards.

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Notário = (notary) Public scribe, notary public.

Nota promissória = (promissory note) Voucher through which na individual or a company promises to pay somebody or some company a certain amount of money.

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Ordem de despejo = (eviction notice) Legal determination ordering a tenant to leave the rented property because a legal sentence has dissolved the contract.

Ordem de pagamento = (banker’s draft) When a certain amount of money is given form one person to another, usually by a bank deposit.

Outorgante = (consenter) A person who grants another powers to represent him, by proxy, or even to take part in a public deed, contract/promise, or any other contract.

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Partilha = (partition) Formal action through which the division of an inheritance is made.

Penhor = As a security for the payment of a debt, the debtor gives a real estate property to he creditor so that during the paying off of his debt, there is some support, in case of non-payment, and the debt will be paid.

Penhora = (pawning) If there is an execution order, a good of a debtor is made inalienable, through a legal pawning, until the lawsuit is finished and the debt is paid.

Permilagem = Proportion of each autonomous fraction regarding the value or area of a real estate property.

Poupança-Condomínio = (condo savings account) It is a condo reserve fund created and deposited in a special account in order to be used to carry out ordinary maintenance work, extraordinary maintenance work, and for the common welfare of the condo.

Poupança-Habitação = (residence savings account) It may be seen as the deposit made in installments, with the capital being updated for many purposes, such as construction, recuperation, enlargement of the real estate property, even through residence coops.

Prazo do empréstimo = (stated loan period) Period of time that goes from acquiring a debt to its liquidation.

Prazo de financiamento = (financing stated period) Time specified on the contract when the payments of the loan installments will occur.

Prédio = (building) real estate property, rural or urban.

Premio de seguro = (insurance premium) Amount of money the insured has to pay in order to assure the fulfillment of the contract by the insurer, in case of an accident.

Prestação = (installment/parcel) Payment made in successive periods of time as a guarantee of contract fulfillment.

Procuração = (proxy) Instrument, which may be public or private, through which a person grants another the power to do business on his behalf.

Produto = (product) Result of production, such as a real estate property or mobile good.

Promotores imobiliários = (real estate salespeople) Those who have the qualifications and technical knowledge to sell real estate.

Projeto = (project) Endeavor aimed at accomplishing a determined action, plan, or design. Within the real estate environment it is understood as the general plan including blueprints, cuts, elevations, and details of each construction area (architecture, electrical wiring, hydraulics, landscape, etc), the blueprint of a building.

Projeto imobiliário = (real estate project) Goals and guidelines set in order to carry out a real estate undertaking.

Propriedade horizontal = (horizontal property) It is the real estate property made of a number of individual units called autonomous fractions.

Proteção contratual = (contract protection) Objective sought via legal or contract dispositions in order to guarantee a contract balance.

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Quitação = (quittance) A way to make known the compliance of an obligation, which is made formal by issuing of a receipt.

Quorum = (quorum) The sum of people present in an assembly so that deliberations adopted in it may be legalized.

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Reajuste = (readjustment) Proportional value replacement in order to balance it with the economic reality.

Recebível = (receivable) That can be received.

Reforma = (renovation) Repairing, restoring, improving, or modifying a real estate property.

Reforma do contrato = (contract reform) Reviewing a contract’s clauses in order to alter them totally or partially.

Reforma do edifício = (renovation of a building) Work or repair performed on a building in order to fix it or improve it.

Registro de Imóveis = (real estate registration) Legal power granted to agents of the public Office in order to carry out all operations regarding real estate properties and the rights which refer to them, issuing guaranteeing the petitioner the acquisition and the right and the institution of real guarantee or acquisition onus. It is the primary action for the acquisition of a real estate property among living people, once the contract produces only personal effects.

Rescisão = (cancellation) Breaking of a legal business deal, with a consequent efficacy loss.

Rescisão contratual = (contract cancellation) Breaking an existing contract bond.

Reserva de propriedade = (property reservation) The act of reserving the ownership of a good that has been alienated until the fulfillment of the contracted obligation.

Responsabilidade civil = (civil responsibility) Application of measures that force one to repair moral or patrimony damage caused to another. The victim may ask for the damage to be repaired or for an equivalent amount of money.

Retrovenda = (retro sale) Special contract clause adjusted for buying and selling, according to which the salesperson may get back , within a certain period of time, by returning the price, the real estate property which he sold, plus the expenses caused by the buyer.

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Sacador = (drafter) The one who issues a credit voucher. The creditor of the drafted.

Saldo devedor = (negative balance) Overdraft, or the difference between debt and credit when debt exceeds credit. It is the amount of money to be paid by the debtor.

Saque = (withdrawal) Payment order issued against somebody else.

Seguro de Incêndio = (fire insurance) Contract established between an insurance company and an insured individual, through which they may guarantee an indemnity payment in case of damage to an insured real estate property.

Seguro fiança = (security insurance) Security rendered on the rental contracts developed between an insurer and a tenant.

Servidão = (service) Public pathway on a lot or private property.

Sociedade Anônima = (plc/co) Partnership where the capital is divided into shares and the partners and shareholders have responsibilities and respond for the shares acquired and subscribed. They may have as an object any profitable company.

SFI = Real Estate Financing System.

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Tabela price = (price tale) table that shows the installments regarding the paying off and interest of a debt, calculated as a way of having a Constant value during the payment period.

Taxa = (tax) Contribution to a public service charged as a premium for the taxpayer, or put at his service.

Taxa de câmbio = (exchange rate) Value of a foreign currency for buying and selling.

Terreno = (lot) real estate good on which a building will be put up. In agrarian law, it is the land appropriate for planting or raising cattle.

Terreno edificado = (built lot) A lot that has a building on it.

Título caucionado = (security voucher) Credit voucher given as a garantee and that may be pawned.

Título de Propriedade = (ownership deed) Instrument that shapes a transaction, having as objective the acquisition of the ownership of a property and its transference to a buyer, once it is registered accordingly.

TR = (interest rate) Referential Interest Rate. Tax published monthly by Banco Central, ever since February 1991, calculated with basis on the average monthly remuneration of deposits or investments in financial institutions, and it is used as an index for fiscal debts, private contracts, etc. It is a largely used index for readjusting installments of real estate financing contracts

Transmissão = The act of transferring a good, object, right or obligation to somebody else.

Transmissão de propriedade = (ownership transfer) It happens when there’s a transference of entitlement and possession of goods, mobile or real estate property.

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Usucapião = Way through which one acquires a property, by a calm, prolonged and uninterruptedly possession, during a certain period of time.

Usucapião de imóvel = The way through which the possession in a calm, peaceful, and uninterrupted way, by a certain period of time, generates for the holder the right to have it as his own.

Usufruto = (usufruct) The a person is granted which authorizes him to use somebody else’s property, fruits and conveniences provided by it, be it either mobile or a real estate property.

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Valor do contrato = (contract value) Amount of money to be paid by a debtor monthly, from assumed obligations on the contract.

Valor nominal = (nominal value) Amount of money expressed in a voucher, whose fixation is certain and determined representing the amount to be paid, coming from one of the essential requirements of a credit voucher, under discredit penalty.

Valor real = (real value) How much a good is worth, regardless of any convention or will.

Valor venal do imóvel = It is the value established by the city, taking into consideration the place the real estate property is located, and the total built area.

Vistoria = (inspection) A real estate property assessment , done in order to evaluate its physical status, normally carried out at the beginning and at the end of a lease contract.

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Zonas protegidas = (protected zones) Zones defined by the Plano Diretor Municipal, on which there can be no building, or they have to obey certain regulations in order to make sure the building will fit in harmoniously.