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VLD · SCOPE IArea of practice
I.

High-End Real Estate

We verify whether the development delivers what the memorial promises — on paper, at the registry and on site.

What we verify

01

Land collateral and property record

Chain of title, encumbrances, annotations and the correspondence between what is sold and what is registered.

02

Feasibility and GSV

The study's assumptions confronted with primary data — cost, timeline, absorption — and classified between verified and assumed.

03

Documentary compliance

Licenses, permits, the development's project memorial and the obligations the registration imposes on the developer.

04

Schedule and measurements

The physical progress executed against the declared schedule, measurement by measurement, with direct site observation.

05

Segregated estate

The segregation of buyers' money, in the record and in the statements.

06

Sales and rescission

What was promised in the sales contract against what the law and the memorial allow.

07

Cost and budget

The budgeted against the incurred, by stage, with the cost breakdown open.

08

Handover and occupancy permit

What was completed, checked against what the occupancy permit and the handover inspection record state.

High-End Real Estate5
Cadastral survey sheet — land collateral is the first question, not the last.

Criteria and references

Public references, cited as a verification criterion — not as a certification.

Lei 4.591/1964↗

Real estate developments; project memorial, art. 32.

Lei 6.015/1973↗

Public records; property record.

Lei 10.931/2004↗

Segregated estate.

Lei 6.766/1979↗

Urban land subdivision.

Lei 13.786/2018↗

Rescission agreement.

NBR 12721

Unit cost assessment.

A finding, from the inside

Illustrative example · does not refer to any real development

VLD · OPINION No. ——— · date ———

Claimed"Seventy percent of physical progress executed."

Evidence examinedfield measurement, item by item of the physical-financial schedule, with dated photographic records and the site diary.

StateVerified the percentage the measurement finds — that is what the opinion writes, not the one declared.

Caveatapplies to the date of the visit; hidden works (foundation, embedded installations) checked by document, not by observation.

Verified

Warning signs in this area

What helps you get to the scope

You do not need to have everything. Knowing what is missing is also part of the scope.

Questions for this area

Does an independent measurement replace the lending agent's?

It does not replace; it confronts. Two measurements that coincide are worth more than one. Two that diverge are worth even more: they say where to look.

Does Valida audit developments of its own group?

Yes, with the relationship declared on the first page and the same yardstick. The boundary is in the letter.

Is it possible to verify only the property record?

Yes. A narrow scope, closed, with what was left out stated as such.

VLD · METHOD

The journey of the opinion

Phase 01

Scope

We delimit the object, the applicable criteria and the independence boundary.

Phase 02

Evidence

Collection and examination of primary data, documents and direct observation.

Phase 03

Analysis

Confrontation between what is claimed and what is proven, with reality-checks and cross-referencing of sources.

Phase 04

Opinion

A substantiated report, with explicit caveats — reproducible by a third party.

"Every claim comes out classified: verified or assumed."

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