In this article, we'll take a detailed look at the documents required by the seller to sell real estate in Bulgaria.
1. Power of Attorney.
A power of attorney for the sale of real estate, which describes the property in detail, as well as the terms of the sale (how and when the attorney-in-fact transfers the proceeds from the sale to the seller's account). The power of attorney can be certified in the language of your country of residence, before a notary.
2. Declaration of Citizenship and Marital Status.
The declaration must indicate the seller's nationality, whether they are married, and any previous marriages. IMPORTANT: If you were married at the time of purchasing real estate in Bulgaria, your spouse is a co-owner and must also certify the power of attorney and all declarations for the sale.
3. Declaration under Article 42 of the Anti-Money Laundering Act.
In this declaration, the seller must indicate whether they are or have been related in the past 12 months to persons holding senior government positions (ministers, presidents, etc.).
4. 2 consent declarations in accordance with the Bulgarian Tax and Insurance Code.
In these declarations, the seller consents to a notary conducting a check through the Personal Income Agency system for any outstanding debts.
We provide our clients with the texts of the documents. All that remains is to have them notarized and send the original certified documents to Bulgaria. In Bulgaria, the documents must be translated into Bulgarian by a licensed translator.
Once in Bulgaria, our lawyer will order the remaining documents necessary for the sale: a cadastral plan, a tax assessment certificate, and a certificate of absence of encumbrances.
If you decide to sell your property with BG Adres, you will only pay for the notarization of the documents and their shipment to Bulgaria.
You won't pay anything for: document translation, document ordering in Bulgaria, and legal services.
Get a free consultation with our manager: office@BGadres.com.