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Home » Practice areas » Real Estates

Real Estates

Investment in construction and real estate is one of the main drivers of Bulgaria's economy. KGK Law Firm represents local and foreign investors before administrative authorities, contractors and courts. Our team protects clients' interests in transactions concerning the acquisition of rights to real estate.

Real Estates

Legal assistance in the field of real estate

In addition to mediation, negotiation and preparation of the necessary documentation, KGK represents legal entities and natural persons in each phase until the desired result is achieved.

If you are planning a purchase, sale or other real estate deal, you are probably wondering if you need an attorney. Many people think they can handle it on their own, but in reality, the legal details involved in real estate transactions are complex and carry a number of risks. An experienced real estate attorney can save you time, money and protect you from potential problems and fraud.

KGK Law Firm can be by your side and assist you every step of the way for one of the most important transactions - the purchase of a property. The law firm employs real estate professionals with significant experience and authority from whom you will receive the highest quality legal service.

Legal advice in the purchase and sale of real estate

The help of a lawyer is the surest way to acquire a turnkey real estate. Our team will check your documents, help you negotiate with banks and institutions and even defend you in court cases. Some of the areas of activity in which you can trust us are:

  • Buying and selling real estate;
  • Renting and re-letting (including AirBnB);
  • Construction, investment and superficies (building rights);
  • Property litigation; Property disputes, liquidated damages, wills etc.;
  • Property Partition (judicial and non-judicial);
  • Restitution and agricultural land disputes;
  • Acquisition of property by prescription (verification of circumstances);
  • Issuance of tolerance documents;
  • Real estate issues in divorce and inheritance;
  • Assistance with administration.

Why should I hire a real estate lawyer?

The field of real estate is vast and varied, which is why qualified legal assistance is important in any of your cases. A lawyer in this field deals with the legal aspects related to the purchase and sale of a property, leases, gifts, partitions and all other real estate transactions. He ensures that the transaction is legal, your rights are protected and there are no risks for you. It is not uncommon for small differences in similar issues to lead to vastly different resolutions, so do not hesitate to contact KGK Law Firm for any questions or assistance you may need.

Why should you trust KGK Law Firm with a real estate case?

Our real estate attorneys will not only make sure to give you a complete and quality legal service, but will also do everything possible to save you unnecessary costs. If you are our client, we will pay attention to the smallest detail of your case so that you can be protected from any problems. Sometimes the biggest risks lie in the most ordinary everyday activities:

  • Checking the property title - before you buy a property, the lawyer will check whether the seller is actually the legal owner and whether there are any encumbrances on the property - mortgages, foreclosures, litigation;
  • Preparation of documents - a complete set of documents (preliminary contracts, notarial deeds, declarations, powers of attorney, etc.) will not only ensure the fulfillment of the terms of your transaction, but will also protect your interests to the fullest extent;
  • property under construction - buying a property under construction has specific risks, such as construction delays or non-compliance with the original design. A real estate attorney will check the construction company, permits and advise you on how best to protect your rights;
  • Notary representation - the lawyer can represent you in front of a notary to negotiate the best terms for you in the transaction and ensure that all documents are in order;
  • Assistance in partition and inheritance cases - if the property is part of an inheritance or is co-owned, the lawyer will help you settle the legal relationship between heirs and co-owners;
  • Mortgage or financing assistance - if you are planning to buy a property with a mortgage, the lawyer will advise you on the best terms and review the contract with the bank to avoid unfavorable clauses for you;
  • Dispute resolution - when real estate disputes arise, a lawyer can represent you in court or in negotiating an out-of-court settlement.

Frequently Asked Questions

Is it mandatory to hire a lawyer when buying real estate?

  • Not necessarily, but it is highly recommended. The notary will notarize the transaction, but is not liable if the terms of the contract are not in your favor.

How much do the services of a real estate lawyer cost?

  • Prices vary depending on the complexity of the transaction, but are usually set as a flat fee or a percentage of the transaction value.

How do I know if there are encumbrances on the property? 

  • This is where the role of the solicitor comes in - they will check the Land Registry and check for mortgages, foreclosures or other legal impediments.

How should I proceed if I am defrauded in a property transaction?

  • Consult a solicitor immediately to discuss your options for unwinding the transaction and seeking compensation.

What documents are required for a property purchase?

  • The most common documents required are :
  1. Notarial deed
  2. Certificate of encumbrances
  3. Tax assessment
  4. Certificate of marital status
  5. Identity card

Is it possible to buy a property whose documents are not in order? 

  • It is possible, but it carries serious risks. A lawyer will help you clarify your case and avoid problems in the future.

How can we assist you?

Share your case with us and someone from our team will contact you.

Contact information

Phone: +359 2 423 2273
Email: office@kgk.bg

Address

Sofia 1000, "Tsar Shishman" str., 5B, fl. 2, office KGK Law Firm

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