Regulatory documents

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Preliminary contract for the sale of real estate typically includes: a description of the contract parties, description of the real estate, location, final price, delivery time, payment schedule, responsible parties, and penalty penalty at non fulfillment. No need to notarize the preliminary contract.н и неустойки при неисполнении.

Notary Act – a document confirming the ownership of property in Bulgaria. As a rule, when you pay the last installment for the preliminary contract,
completion and execution by the parties of the contract conditions occur notarization of of real estate in the property.

Ownership of the land – it is certified with the available title deed for the land, which specifies that the owner of the plot is the project developer.

Building permit – issued by the municipality, signed by the chief architect of the region where the construction is planned.

Act form 14 – this is a document for the acceptance of the building structure. It is issued upon the completion of the “structural shell work” stage. Act form 14 is drawn up by the developer, contractor, designers, foremen and the supervision authority. Act form 14 certifies the compliance of the structure with the submitted design. After obtaining act form 14, the builders continue working on the project, and in particular on the external and internal finishing, connection to the communications, development of the public utilities, landscaping etc.

Act form 15 – this is a document certifying that the construction of the building is completed and complies with the submitted design and the standards. The issuance of this act form constitutes the delivery of the built project and the building documentation from the contractor (the person who has performed the works) to the developer (the person who has commissioned the construction, the investor). The act form describes in detail the results from the inspection of the finished project, the construction site and the surrounding area. The results of the inspection describe the unperformed, unfinished or defective works, which need rectified, as well as the deadline for the rectification of defects.

Аct form 16 – this document is also called “Permit to Use” and is in itself a licence to use the units for the purposes of occupancy and residence. Act form 16 is issued by a special commission appointed by the National Directorate for Construction Supervision. The entire process of acceptance is regulated by Ordinance No. 2 on the commissioning of constructed projects in the Republic of Bulgaria and the minimum warranty periods of construction works. To obtain act form 16, the developer must sign a contract for connection of the project to the technical infrastructure networks. Act form 16 specifies that the construction has been completed in compliance with the approved design and the planning permission, that the building line before the construction commencement has been observed and that the building complies with the approved parameters of region development. Act form 16 establishes that the constructed project is entered into the cadastral map of the region. The warranty periods for the construction and the completed works start as of the moment of obtaining of Act form 16..

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