The CRI (Certificate of Real Estate Receivables) is a security that gives the investor a credit right and promises to be paid in cash by the issuing party. That is, in addition to the principal allocated upon the payment of the asset, the investor is entitled to a remuneration that, as a rule, will be an interest rate stipulated in the Securitization Term that originates the paper, although there is no minimum investment.

The CRI is a security often issued for fundraising purposes aimed at financing real estate transactions, backed by real estate credits. The Certificate may be backed by, for example: residential or commercial financing, construction and long term lease agreements, among others.

The issuance of CRI is exclusive to securitization companies, as regulated by the Securities Commission.

Law 9514, ICVM 414 and ICVM 583.