Recovering a Property Deposit in Bulgaria: Your Legal Options
A Bulgarian property deal has fallen through: distinguish reservation fees, advances and earnest money, assess termination, preserve evidence and seek repayment.
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70 articles on Bulgarian law, organised around the questions individuals and businesses bring to the practice. Written by Lachezar Vesov, Attorney at Law, Sofia Bar Association.
Guides to buying, checking, owning and inheriting property in Bulgaria. Discuss a property matter →
A Bulgarian property deal has fallen through: distinguish reservation fees, advances and earnest money, assess termination, preserve evidence and seek repayment.
Read article →Before paying a property deposit in Bulgaria: seller and title checks, reservation fees, preliminary contract terms, financing and completion risks.
Read article →Selling Bulgarian property while living abroad: ownership documents, power of attorney, notary preparation, payment arrangements and tax follow-up.
Read article →Signing a power of attorney abroad for a Bulgarian property sale, company or inheritance: consulate or local notary, apostille, translation, pitfalls.
Read article →Why investors hold Bulgarian property through a company, which corporate form to use, how the acquisition actually proceeds, and the tax trade-offs to weigh first.
Read article →Inherited Bulgarian property: applicable law, acceptance, proof of heirship, tax exceptions, co-ownership and the documents needed to act from abroad.
Read article →Rights and obligations of co-owners, management decision rules, pre-emption on transfer of a share, the partition action, and inherited co-ownership disputes.
Read article →Contractual and judicial mortgages, creation and registration, priority rules, the enforcement and public auction procedure, and practical considerations for lenders.
Read article →Essential lease terms, the registration requirement and its consequences, landlord and tenant obligations, early termination rights, and the tenant's pre-emption right.
Read article →The constitutional and statutory framework governing foreign property acquisition in Bulgaria, the position of EU and third-country nationals, corporate acquisition structures, and the conveyancing process.
Read article →The regulatory framework for agricultural land acquisition, the 2014 liberalisation, the pre-emption right regime, change-of-use procedure, and compliant structures for foreign investors.
Read article →The legal nature and creation of the right of construction, its content and duration, transfer and encumbrance rules, and its role as a foreign investment vehicle in Bulgarian property law.
Read article →A systematic account of legal due diligence in Bulgarian property transactions: title searches, encumbrance checks, cadastral verification, planning status, and the role of the notary.
Read article →A complete guide to the costs of buying property in Bulgaria — local transfer tax, notary fee, registration fee, VAT, and how they are calculated with practical examples.
Read article →A practical guide to checking whether a Bulgarian property is free of mortgages, attachments, tax debts, and other encumbrances before purchase — registers, searches, and what to look for.
Read article →Buying Bulgarian property under construction: ownership stages, mortgages, payment safeguards, delays, commissioning and why a preliminary contract is not registrable.
Read article →A legal guide to inheriting property in Bulgaria as a foreign national — Bulgarian succession law, EU Succession Regulation, accepting or renouncing inheritance, and the transfer process.
Read article →A legal explanation of Act 16 (Акт 16) in Bulgaria — the commissioning certificate for new buildings, why it matters for property buyers, and the risks of buying without it.
Read article →Company formation, governance, commercial contracts, transactions and closure. Corporate and commercial legal services →
Disputes between members of a Bulgarian OOD: access to records, resolutions, negotiated buyouts, withdrawal, settlement of the share and registration issues.
Read article →Start with the series: Doing business in Bulgaria — from registration to acquisition and ongoing operations →
A practical legal checklist after company registration in Bulgaria: banking, accounting, VAT, contracts, employees and management responsibilities.
Read article →How to organise shareholder relations in a Bulgarian OOD: funding, voting, manager authority, deadlock, information rights and exit arrangements.
Read article →How legal due diligence findings shape a Bulgarian acquisition: closing conditions, price adjustments, warranties, indemnities and payment security.
Read article →A legal integration checklist after a Bulgarian business acquisition: management, banking, contracts, employees, seller claims and financial warning signs.
Read article →Why start a business in Bulgaria? Explore EU market access, company ownership, taxes, euro payments and practical considerations for non-EU entrepreneurs.
Read article →How to contribute real estate as a non-cash (apport) contribution to a Bulgarian company’s capital — the expert valuation, notarial form, dual registration and tax treatment.
Read article →Every Bulgarian company must redenominate its capital into euro and file updated constitutive documents by 31 December 2026. What happened automatically, what you must still do, and what it costs to miss it.
Read article →What the registered address legally does, the four realistic options for a founder without premises in Bulgaria, and the risks of choosing badly.
Read article →The interaction of the Obligations and Contracts Act and the Commercial Act, essential terms, invalidity, breach and remedies, penalty clauses, and choice of law.
Read article →Grounds for opening proceedings, the insolvency estate, creditor claim verification, priority of distribution, the rehabilitation plan, and avoidance actions.
Read article →The Special Pledges Act framework, ЦРОЗ registration, pledgee rights during the security period, enforcement mechanisms, and practical considerations for lenders.
Read article →Corporate and ownership review, contractual due diligence, labour and employment issues, real property, litigation, regulatory compliance, and the employee transfer rules.
Read article →Choosing the corporate form, preparatory steps, required documentation, the electronic registration procedure, and post-incorporation compliance obligations.
Read article →Scope of the Register, the constitutive effect of registration, continuing registration obligations, the beneficial ownership register, and the correction of incorrect entries.
Read article →Formation requirements, capital and membership interests, governance structure, transfer of interests, profit distribution, exclusion of members, and practical guidance for foreign investors.
Read article →Formation, share capital and classes, one-tier and two-tier governance models, the General Meeting, directors’ duties, minority shareholder protections, and capital mechanics.
Read article →The VCC introduced by the 2023 Commercial Act amendments: formation, flexible share classes, governance framework, employee equity schemes, capital mechanics, and comparative assessment.
Read article →The fundamental distinction, liability implications, tax treatment, transfer of contracts and licences, regulatory considerations, and practical guidance on structuring Bulgarian M&A transactions.
Read article →A step-by-step legal guide to changing the manager of a Bulgarian OOD (Ltd.) or EOOD (Sole Ltd.) — General Meeting resolution, Commercial Register filing, third-party notification, and practical considerations.
Read article →A comparative legal analysis of the EOOD and OOD under Bulgarian commercial law — governance, liability, taxation, and practical implications for foreign investors and entrepreneurs.
Read article →A practical legal guide to insolvency proceedings in Bulgaria — when to file, the manager's obligations, the opening decision, creditor rights, rehabilitation, and the consequences of delayed filing.
Read article →Why registering your Bulgarian company's seat at a law firm's address is advantageous — legal compliance, confidentiality, professional correspondence handling, and practical benefits for foreign investors.
Read article →A legal guide to the voluntary liquidation of a Bulgarian commercial company — grounds for dissolution, appointment of a liquidator, creditor notification, distribution of assets, and deregistration.
Read article →A legal guide to the sale and transfer of membership interests in a Bulgarian OOD (Ltd.) or EOOD (Sole Ltd.) — procedure, notarial requirements, pre-emption rights, tax, and Commercial Register update.
Read article →A practical legal guide to VAT registration in Bulgaria — mandatory and voluntary registration thresholds, the registration procedure, VAT obligations, and the implications for foreign companies.
Read article →A legal guide to closing a dormant Bulgarian company quickly using the simplified deletion procedure under Article 273a of the Commercial Act — conditions, documents, timeline, and practical steps.
Read article →A practical checklist of annual compliance obligations for Bulgarian OOD (Ltd.) and EOOD (Sole Ltd.) companies — financial statements, tax returns, beneficial ownership, and key deadlines.
Read article →Employment contracts, hiring, termination and dismissal disputes. Labour and employment legal services →
The grounds and procedures for dismissal under the Labour Code, including notice periods, severance entitlements, protected employee categories, and wrongful dismissal remedies.
Read article →Statutory mandatory content, probationary periods, fixed-term arrangements, non-competition and confidentiality clauses, and working time obligations.
Read article →The two-month limitation period, competent court, burden of proof, available remedies, and enforcement of reinstatement orders against non-compliant employers.
Read article →A practical legal guide for foreign employers hiring staff in Bulgaria — employment contracts, social security obligations, payroll, work permits for non-EU nationals, and compliance requirements.
Read article →Recovering unpaid debts and enforcing claims in Bulgaria and across borders. Debt collection and enforcement services →
Recovering unpaid Bulgarian business invoices: evidence, debtor checks, interest, electronic payment-order applications, disputed claims and enforcement costs.
Read article →Order-for-payment proceedings, enforcement orders, the role of private enforcement agents, principal enforcement measures, and cross-border debt recovery under EU instruments.
Read article →Brussels I Recast, the European Enforcement Order, the European Order for Payment Procedure, practical enforcement steps, and the risk of limitation on foreign judgments.
Read article →Civil claims, damages, family disputes and limitation periods. Civil litigation services →
Custody, contact and maintenance when parents live in different countries: which court decides, travel and relocation rules, and foreign orders.
Read article →After a road accident in Bulgaria: when to call the police, the accident statement, which insurer pays, how to claim, and what to do if it refuses.
Read article →Which court has jurisdiction over your divorce, which country’s law applies, and how the mutual-consent and contested procedures work under the Family Code when one or both spouses are foreign nationals.
Read article →How tort claims work under Article 45 of the Bulgarian Obligations and Contracts Act — the presumption of fault, pecuniary and moral damages, liability for employees and for things, and joint liability of multiple tortfeasors.
Read article →The general five-year period, special shorter periods, interruption and suspension, limitation as a defence, and practical guidance for commercial creditors.
Read article →A legal guide to Bulgarian inheritance law — intestate succession, testamentary freedom, forced heirship, acceptance and renunciation, and the procedure for administering an estate in Bulgaria.
Read article →Guides to residence, citizenship, tax residence and administrative challenges. Administrative law services →
When you become a Bulgarian tax resident, what residents and non-residents pay, the 10% flat tax, double tax treaties and the annual tax return.
Read article →How to challenge an individual administrative act under the Bulgarian Administrative Procedure Code — the two-track appeal system, the fourteen-day deadline, the five grounds of unlawfulness, and suspensive effect.
Read article →A legal guide to obtaining a long-term EU residence permit in Bulgaria — the five-year continuous residence requirement, qualifying periods, the application process, and the rights it confers.
Read article →A legal guide to obtaining a Bulgarian residence permit by registering and managing a company in Bulgaria — requirements, procedure, self-employment vs. company director routes, and limitations.
Read article →A legal guide to obtaining Bulgarian citizenship by naturalisation — the five-year residence requirement, language and integration conditions, the application procedure, and what Bulgarian citizenship means in practice.
Read article →The criminal process, rights of the accused and investigations involving companies. Criminal defence services →
The four measures of restraint available under Bulgarian criminal procedure — signature, bail, house arrest and detention in custody — who may order each, the standard for detention, and how to apply to have a measure varied.
Read article →How a commercial dispute, a tax audit or an insolvency turns into a criminal investigation against a Bulgarian company director — and what the first response should be.
Read article →The presumption of innocence, pre-trial and detention safeguards, the right to defence and legal representation, trial-stage rights, and remedies for procedural violations under Bulgarian criminal law.
Read article →Banking disputes, loan terms and security over company shares. Banking and finance legal services →
Registering a Bulgarian company takes days. Opening its bank account is where foreign founders actually get stuck. What banks ask for, why applications are refused, and how to prepare.
Read article →Unilateral interest increases, opaque reference rates and one-sided fees — when a clause is unfair, what happens when it is struck out, and how borrowers bring a claim.
Read article →Checking professional registration, discussing fees and instructing a lawyer. Professional profile and credentials →
How to check that a Bulgarian lawyer is admitted, what the engagement contract should say, how fees work, and how to instruct a lawyer from abroad.
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