Buying / Selling process;
From our lawyer
Representation before the competent institutions in order to gather all papers required by law from the seller of a property in order to sale/conveyance/transfer the property
Each case is specific and the duration of the procedure, the documents requested and the costs involved vary. However in the common case the duration of the procedure, the documents requested and the costs involved are the following:
A. Duration of the procedure
After you provide us with an electronic copy of your deed and your bulstat registration certificate/card (please see p. B below), we will draft for you and e-mail you a PoA (please see p. B below) to be signed. With the PoA you authorize us:
1. to apply for issuance of a cadastral sketch of your property (the sketch is required by law and shows the exact location, size and ownership of the property) to be issued by the Cadastral Agency within a week term;
to apply for issuance of a tax evaluation certificate containing information re due council taxes for the property and the registered owner of the property – the certificate is issued within 14 working days by the local tax office.
to apply also for issuance of an encumbrances certificate of your property needed to prove that the property is free of mortgages and liens.
We will check also whether all utilities bills are paid and the the maintenance fees covered.
B. Documents requested
To proceed on your behalf we will ask you to sign a PoA (note: the PoA expires automatically after completion of the tax registration) and to email us electronic copy of your deed (note: the deed is mandatory enclosure to the application for tax registration), your Bulstat registration certificate/card, your electric and water lot, your maintenance contract and any proof of payment of the maintenance fees.
The state fees for issuance of sketch are 30 BGN (please note sometimes there are technical complications which delay the issuance of the sketch and lead to additional costs for example: in case the property is not listed into the cadastral plan) + bank charges.
The state fees for issuance of a tax evaluation certificate are 10 BGN.
For information regarding the legal fees please contact our Bansko lawyer team for details.
D. Results of the procedure
As a result of the procedure all information and documents needed for the transfer of the property are gathered.
Info provided by: banskolawyer.com