Mondaq All Regions - Bulgaria: Real Estate and Construction
Schoenherr Attorneys at Law
The unlikely victory of private owners over the big infrastructure projects in Bulgaria's Constitutional Court
Schoenherr Attorneys at Law
Please briefly describe the main laws that govern realestate in Bulgaria.
CMS Cameron McKenna Nabarro Olswang LLP
Buildings completed before 31 March 2001 without the necessary permits may now be legitimised by a Certificate of Tolerable Construction.
Schoenherr Attorneys at Law
In recent years the Bulgarian government has tried to limit cash payments to combat money laundering and to increase tax receipts.
There are several main legislative acts that regulate ownership title rights, limited property rights and real estate transfer deals in Bulgaria – these are the Constitution of the Republic of Bulgaria, Property Act, Contracts and Obligations Act, Commercial Act, Agricultural Land Ownership and Use Act, Forestry Act, Water Act, Black Sea Territorial Development Act, Protected Territories Act, State Property Act, Municipal Property Act, Civil Procedures Code, Encouragement of Investments Act, Ter
Schoenherr Attorneys at Law
Void administrative acts might jeopardise the operation, and even existence, of completed projects in Bulgaria.
Schoenherr Attorneys at Law
In November 2008 Bulgaria lost EUR 220 mln in EU funds as the European Commission deemed the former Bulgarian government incapable of fighting corruption.
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