Bozhikov & Vatev specializes in providing comprehensive legal assistance in real estate transactions for sellers or investors, as well as for potential buyers of real estate.

Our business model for consulting real estate transactions is based on an approach in which the law firm takes responsibility for the transaction from the receipt of the assignment to its’ successful completion. To save our clients from spending unnecessary time and attention, once the main parameters of the transaction have been specified, the firm relieves the clients as much as possible from the structuring and execution of the transaction.

Services for the buyers:

• Analysis of the legal status of the property, including verification of the right of ownership and the existence of limited property rights, collateral or other property encumbrances

• Analysis of the legal and economic condition of the seller

• Structuring the transaction, with an emphasis on offering a payment scheme that is secure for the client and fair and reliable for both parties to the transaction

• Compilation or redrawing/reworking of all documents relevant to the transaction – preliminary contracts, stop deposit agreement, notary deed, etc.

• Assistance and legal advice in obtaining a loan for the purchase price and establishing collateral in favour of the lender

• Legal assistance in the transfer of possession/ownership and declaration of the acquired property.

Services for the sellers:

• Analysis of the legal and economic condition and solvency of the buyer

• Structuring the transaction, with an emphasis on offering a payment scheme that is secure for the client and fair and reliable for both parties to the transaction

• Compilation or redrawing/reworking of all documents relevant to the transaction – preliminary contracts, stop deposit agreement, notary deed, etc.

• Legal assistance in the transfer of possession/ownership of the property.

Services for the investors:

• Analysis of the legal status of the land, including verification of the right of ownership and the existence of limited property rights, collateral or other property encumbrances

• Analysis of the legal and economic condition of the seller

• Analysis of the possibility for construction on the property, assistance in connection with the approval of a detailed development plan and the obtainment of a construction permit and full construction documentation in accordance with the provisions of the detailed development plan

• Preparation of the documents necessary for the acquisition of the property, subject of the investment or for the establishment of a construction right

• Structuring the deal with the builder and the investment supervisors

• Structuring the transactions for the sale of individual sites

• Compilation or redrawing/reworking of all documents relevant to the sale of individual sites

• Assistance and legal advice in lending, in case of need, within the construction process

• Legal assistance in passing through all stages of construction until obtaining a certificate of commissioning and the completion of the construction process.