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13:59 May 25, 2007 |
Portuguese to English translations [PRO] Bus/Financial - Real Estate | |||||||
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| Selected response from: Denise Miranda Local time: 03:24 | ||||||
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Summary of answers provided | ||||
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4 +1 | without having to designate any properties/assets or making any patrimonial restrictions |
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sem afetação e preservação patrimonial without having to designate any properties/assets or making any patrimonial restrictions Explanation: without having to designate any properties/assets as a guarantee Patrimônio de afetação is something new created in 2001 in order to protect the prospective buyers of buildings (in construction). Now, the companies may detach, designate some part of its assets as a guarantee in case of bankruptcy. This property/these assets are called "patrimônio de afetação" If you want, here is an article that may help: http://jus2.uol.com.br/doutrina/texto.asp?id=6408 |
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