São Paulo Court Upholds Fiduciary Security, Barring Refund Claims by Defaulting Buyers
The São Paulo State Court of Justice (TJSP) has reaffirmed the strength of fiduciary transfer of title in real estate transactions. In a recent ruling, the Court denied a defaulting buyer’s attempt to terminate a purchase agreement and recover previously paid amounts, prioritizing specialized real estate financing laws over general consumer protection rules. Prevalence of Special Legislation […]