LEI Nº 12.424, DE 16 DE JUNHO DE 2011. | LEI Nº 12.424, DE 16 DE JUNHO DE 2011. — Brazil law | Esheria

LEI Nº 12.424, DE 16 DE JUNHO DE 2011.

For PMCMV operations filed with financial agents by 1 December 2010, the then-current contracting rules may be applied under the regulation.

Jurisdiction
Brazil
Instrument
Act or statute
Citation
LEI Nº 12.424, DE 16 DE JUNHO DE 2011.
Version
Undated source snapshot
Language
pt
Official source
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contracting rules document compliance emoluments family property habitational insurance housing finance housing program compliance housing programs land regularization legislative change possession property ownership public infrastructure real estate registration registry fees rural housing subdivision subsidized housing subsidy administration subsidy tracking title/registry verification unit sales contracts urban land regularization

Statute overview

About this statute

For PMCMV operations filed with financial agents by 1 December 2010, the then-current contracting rules may be applied under the regulation. Allows a person in qualifying exclusive, uncontested possession of a shared urban home to acquire full ownership, subject to size, time, family-use, and no-other-property conditions. This provision updates PMCMV rules, including funding, eligibility, subsidies, land regularization steps, insurance requirements, fee reductions, and some housing-accessibility protections. This law takes effect on the date it is published. O artigo revoga dispositivos específicos da Lei nº 11.977/2009 e o art. 2º da Medida Provisória nº 2.197-43/2001; parte dessas revogações só passa a valer a partir de 31 de dezembro de 2011.

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