Selling your property in Bulgaria is not very easy, even if you have already find a buyer. That’s why you are in needs of assistance. Look for a Bulgarian property lawyer!
If you have already bought a property in Bulgaria, you need to check up if this property had been registered in all the necessary authorities. And in the Municipality Office, too.
Our law firm works as a professional Bulgarian property lawyer, as well. We support many foreigners who want to sell your real estate property in Bulgaria.
Usually, if you have a good property, is quite easy to find buyers in Bulgaria.
As property lawyers in Bulgaria, we could help you finding a buyer and getting a good price for you.
It is very important to follow the legal advices of a property lawyer so that you will save money and precious time. Our experienced Bulgarian property lawyers will help you with the documents for the selling.
First Steps
Before you sell your property in Bulgaria, you should have all the documents necessary,as well as declarations needed for a sale – prepared in advance. We assume you will need qualified property lawyers. This means, you need us.
Our property lawyers in Bulgaria are ready to assist you and protect your interests in selling your property in Bulgaria. You need just to call us or to send us an email.
Then we will be ready to start the legal procedure.
Before starting every single deal, your lawyer is obliged to check for potential legal problems.
He/she has to prepare all the documents necessary for the transfer of the ownership over this property.
We always check if there isn’t any property charges over your property you are trying to sell.
For example, encumbrances, mortgages or pledges over your property by the Tax Office or by a third party.
Usually, when our buyer signs the preliminary contract, he/she needs to leave a deposit as a percentage of the sale price of the property in Bulgaria.
When we help you finding a buyer, we require a simple power of attorney to represent you by conclusion of the preliminary contract for the purchase of the property with the buyers in Bulgaria.
Our qualified property lawyers will prepare the draft of Preliminary contract and will negotiate with the buyer concerning the transfer fees of your property.
After receiving the written confirmation for all necessary legal conditions, we sign the preliminary contract for purchase on your behalf. Then we send you a copy of it.
We are obliged to find buyer/-s and sell your property correctly.
When all the Documents are ready…
When all of the documents and declarations are done, our lawyers start preparing the Notary Deed for transferring the ownership over your property.
You can trust us – we are specialized in property sales of foreign clients in Bulgaria.
Each Bulgarian property lawyer will help you with the documentation and legal proceedings.
The next legal step to sell your property is to sign the Title Deed for the sale of your property.
We will help you by representing you at the Notary Public in Bulgaria.
The last step to complete your sale is submit the declaration with your property into the Tax Office of your municipality.
Remove the old owner’s name of the property from the Tax Register, to avoid any legal problems.
We, as property lawyers in Bulgaria will highly recommend you using our legal services to complete all this legal issues & steps.
The mentioned property legal proceedings are just for your information, if you are trying to sell a real estate property in Bulgaria.
Every single case has got its legal specifics & questions.
We strongly recommend you to use a property lawyer in Bulgaria for legal transactions, in order to save your time, money and worries.
As a corporate and company lawyers (acquisitions lawyers) in Bulgaria, our work is connected with some company transformations. The process of mergers and acquisitions in Bulgaria is regulated by the Commerce Act. There are specific rules for public companies in Bulgaria specified in the Bulgarian Public Offerings Securities Act (POSA). Takeover bids for public companies are regulated under special conditions. As corporate and company lawyers in Bulgaria, we follow the legal procedure.
The main goal for company mergers and acquisitions is creating a consolidated company that benefits from the synergy of the merging companies.
Differences related to the type of company
The foreign Investors in Bulgaria need some legal advices from corporate and company lawyers when they plan, acquire or take over legal companies in Bulgaria. They must know that there are different rules applying to specific types of companies in Bulgaria. Some company mergers and acquisitions differ for joint-stock and limited liability companies. The main differences apply to the documents necessary to be prepared for merger or acquisition, and approval with registration required. Only joint-stock companies are eligible to elect to be public or non-public tradable companies. We offer you mergers and acquisitions lawyers. You will save money and precious time. Our experience lawyers make us proud and convinced that we are one of the best law firm in Bulgaria.
Necessary documents. Law Firm in Sofia, Plovdiv & Bansko
The Commerce Act stipulates that certain types of documents are compulsory for mergers and acquisitions in Bulgaria. Mergers and demergers require a plan for transformation, agreements, management reports, audit reports and certificates of good standing.
To transfer shares from limited liability companies in Bulgaria, a share purchase agreement and new Articles of Association are required. Transfers of shares from a joint-stock company require fewer documents in general.
As corporate & company lawyers in Bulgaria, we inform our clients that mergers and acquisitions in our country require approximately 25 business days. This depends on the type of company and the approvals and regulations required. Bulgarian laws are investor-friendly and the provisions applicable to Bulgarian investors apply to foreign investors as well.
You need legal law advices, if you are involved as a party in mergers or acquisitions. Our legal team can provide you with all legal assistance necessary. For more information, please contact us.
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