Notarising Documents for Bulgaria
- For notaries to have a basic understanding of the notarial system in Bulgaria and the types of documents they are likely to be asked to notarise.
- What notarial clients need to be aware of when buying real estate
- The key elements of Powers of Attorneys
Why is this topic important?
Just over ten years ago Bulgaria became the focus of international property speculators resulting in much work for notaries. Moving from a communist to a capitalist society and in preparation to her entry to the EU, many legal changes had to be made to the Bulgarian legal system, again resulting in much work for notaries.
We start with the reasons you are likely to have so many documents for Bulgaria; we review the range of documents required when notarising even the simplest of transactions for Bulgaria: for example:
- Power of Attorney,
- Money laundering declaration,
- marriage status declaration,
- Company resolutions and status changes
- declaration for citizenship and civil status,
- declaration ‘no outstanding taxes’,
- copy-excerpt from a certificate of death,
- certificate of inheritors or ‘declaration of heir-ship’
With regard to the Power of Attorney, we discuss the extent of powers granted, the format you may expect to encounter, language and presenting documents for legalisation.
We present copies of original documents: a typical 8-page set of documents requiring notarisation and legalisation for the purchase of real estate would consist of:
- Notarial certificate & declaration for citizenship and marital status
- Notarial certificate & declaration from the Law for the Measures Against Money Laundry Act
- Notarial certificate, power of attorney (2 pages) & certified copy passport
- Declaration from the Taxation and Insurance Code
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