I want to sign a Power of Attorney for administration and disposal of property. When a Power of Attorney for disposal of property is issued, the person’s signature and the document content must be certified and stamped with two separate stamps. The notary is obliged to require presentation of a title document for the real […]
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In which cases my husband’s / wife’s presence is needed, when I am selling my property? According to the Family Code, the items acquired during marriage for value are a community property, unless another property separation regime has been agreed or they are subject to a marriage contract. Even if husband’s / wife’s name only […]
Do the Powers of Attorney have period of validity? If a period of validity is not specified in the Power of Attorney, it shall be valid for unlimited period of time and up to its cancellation by the authorizer, as long as the empowered person refuses to exercise the powers granted or until one of […]
Is it compulsorily, the motor vehicle tax to be paid in advance? Upon purchase / sale of a motor vehicle, the Seller must present to the Notary a certificate of paid tax, issued by Local Taxes and Fees Department. It is compulsory and without this document the Notary wouldn’t certify the signatures laid in the […]
May a General Power of Attorney be issued to me? General Powers of Attorney exist in theory, but in practice, every institution requires its name to be explicitly mentioned in the certified document, in order to accept the representative power of the empowered person. Particularly pedantic in this respect are the banks that have strong […]
Which documents certify the person’s identity? These are for Bulgarian citizens: identity card, dver’s license or passport. For foreigners: national passport /identity card/, along with а card for foreigner’s long term or permanent residence in Bulgaria, if issued. The international passport is not accepted as identity certifying document.