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Tag: Letter of Credit

Consorcios, an Alternative to Mortgages

Contributing Reporter -
By Carlos Graffigna, Contributing Reporter RIO DE JANEIRO - According to statistics by ABAC - Associação Brasileira de Administradoras de Consórcios (Brazilian Association of Consortiums Administrators), the Consorcios is utilized in almost one third of real estate transactions. A “Consorcio” as...
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