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Brazil mulls over cap on fine for homebuyers who cancel purchases
Published Fri, Feb 10, 2017 · 09:50 PM
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Sao Paulo
THE Brazilian government will send a bill to Congress proposing a fine on homebuyers who cancel the purchase of a property be limited to 10 per cent of the value of the house, a source with direct knowledge of the matter said on Wednesday.
Brazilian homebuilders have been hurt by soaring cancell…
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