Tagged: House

Consider Buying a 2nd House in Bulgaria

Consider Buying a 2nd House in Bulgaria

Consider Buying a 2nd House in Bulgaria Property for Foreigners There are no obstacles for foreigners to get the title for buildings, as well as real rights (right of use, right of construction). Up to now there is only one restriction: it is not allowed by law for foreigners to become owners of the land under the buildings they have bought. They are not allowed to buy agricultural land as well (this is a Constitutional prohibition). This is true for physical persons. All restrictions become irrelevant if foreigners set up or join a company incorporated under the Bulgarian legislation, which...

The Quitclaim Deed. You Can Sell A House That You Don’t Own!

The Quitclaim Deed. You Can Sell A House That You Don’t Own!

The Quitclaim Deed. You Can Sell A House That You Don’t Own! Normally, when you put your property up for sale, you have to present a document, called a warranty deed, which states that you are the legal owner of the property and that the title you have on hand is the original copy. But what if you don’t have the title of the property yet you have the legal rights to it? What document can you, then, present to prospective buyers? For situations such as these, the appropriate form to use is the called the Quitclaim Deed form. A...