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Can I have my property transferred without even coming to Bulgaria for this purpose?
Last update: 2008-05-09 06:23:37
Yes, you can. In practice, we often have clients who don't have the time or ability to come to Bulgaria and attend at the notary transfer of their properties. In such cases it is always better to authorize a solicitor registered with the Bulgarian Bar Association to represent you on this matter. You have to be extremely careful with the Real estate agents offering to act on your behalf as they are never motivated to defend your legal interest, not they are specialists in this legal field and understand the legal consequences of any negligence. Please, note that any powers of attorneys written by laymen are usually wider and without specific terms and often give full access to client's bank accounts, property ownership and transfer rights and company management and representation in front of the local tax offices. If you employ the legal services of a qualified solicitor, you would receive a power of attorney explicitly for your current needs.
The power of attorney shall be made in the same form as the form of the deal for which it is necessary. For example, for the conclusion of the preliminary contract it is necessary the power of attorney to be in written form, for execution of a notary deal the power of attorney should be in written form and with notarized signature of the authorizer.
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