Regulatory Alerts2020-05-29 | Resolução CMN 4819CMN Resolution No. 4819 - Amends Resolution No. 4,676 Regarding Real Estate Financing Conditions
The Central Bank of Brazil, acting on behalf of the National Monetary Council, issued Resolution No. 4819 to amend Resolution No. 4,676 of 2018 regarding real estate financing. The amendment introduces Article 25-A, allowing financial institutions to disburse funds for loans contracted by September 30, 2020, immediately after the preliminary registration of the collateral title, rather than waiting for full registration. This discretionary measure suspends the application of Article 9 of the original resolution for transactions exercising this new facility.
Share