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FAQ
· Home › FAQ› Details
› Details Who pays the fees for ownership transfer
Who pays the notary fees for ownership transfer? According to art.186 of the Law for obligations and contracts "the fees for the contract and those that are related to the ownership transfer are at the expense of the buyer unless subject to the deal is a real estate when the fees are equally paid by the two parties" This is the legal regulation for the way the fees for transfer of the ownership should be shared between the...
› Details What fees are being paid for ownership transfer
What fees are being paid on ownership transfer? All fees that are being paid on ownership transfer are based on the price of the property that is being written in the Title deed. This is the price the buyer and the seller has agreed on or the tax evaluation price of the real estate. The due fees are as follows: 1. Municipal or Local Fee - it is being defined by the city council and is being paid to a municipal bank account...
› Details What taxes should be paid by the seller
What taxes should be paid by the seller calculated on the selling price of the property? The income that is being received as a result of the sale of a real estate is being taxed with 10% on the selling price. The income acquired via property sale or exchange during the tax year is not being charged a tax if the period between the acquisition and the sale/exchange of the real estate is longer than three years. The income...
› Details
Head Office
Bulgaria, 4000 Plovdiv
21b, Antim 1-st
+3598897886287
E-mail: propertyplovdiv@abv.bg
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€
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PLOVDIV CITY
Kuklensko shausse
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