Comments on: Changing the property management company http://mhlegal.eu/blog/changing-the-property-management-company/ Bulgarian solicitors and lawyers company registration, conveyancing, litigation, haulage permits, general legal services to the business Sun, 20 May 2012 09:50:17 +0000 hourly 1 http://wordpress.org/?v=3.3.2 By: Anita Hodgson http://mhlegal.eu/blog/changing-the-property-management-company/#comment-78329 Anita Hodgson Thu, 26 Jan 2012 12:10:23 +0000 http://mhlegal.eu/blog/?p=89#comment-78329 Where can I get a full copy of the Condiminium act in English. Also is this act applicable to holiday gated complex or only residential Where can I get a full copy of the Condiminium act in English. Also is this act applicable to holiday gated complex or only residential

]]> By: Milen Hristov http://mhlegal.eu/blog/changing-the-property-management-company/#comment-15770 Milen Hristov Wed, 15 Sep 2010 06:22:16 +0000 http://mhlegal.eu/blog/?p=89#comment-15770 Nicola, you need to know that you cannot be forced to sign property management agreement. Also, each condominium need to vote for management on the first General Meeting ever convened for the condominium. On that General Meeting, the owners can vote for whatever property management company they like and not necessarily for the developer's company. Your case could be under the regulation of "closed complex" clauses of the Condominium Act. This allows the developer to bind all buyer to use his property management company. In that case the contract need to be notarized. If it is not, then the property management company can be changed by the General Meeting. Nicola, you need to know that you cannot be forced to sign property management agreement. Also, each condominium need to vote for management on the first General Meeting ever convened for the condominium. On that General Meeting, the owners can vote for whatever property management company they like and not necessarily for the developer’s company.

Your case could be under the regulation of “closed complex” clauses of the Condominium Act. This allows the developer to bind all buyer to use his property management company. In that case the contract need to be notarized. If it is not, then the property management company can be changed by the General Meeting.

]]> By: Nicola Arrowsmith http://mhlegal.eu/blog/changing-the-property-management-company/#comment-15721 Nicola Arrowsmith Tue, 14 Sep 2010 07:56:20 +0000 http://mhlegal.eu/blog/?p=89#comment-15721 I am currently purchasing property in Bulgaria and within the preliminary contract it states that you have to take out a contract for maintenance for 2 years with a company they suggest. However this was then changed to 3 years when the maintenace contract was issued and since then a further revised maintenance contract has been issued saying that clients have to sign up to seven years. Can this be enforced? Also no property deeds have been given at the moment due to a dispute between the shareholders. However some clients have signed the maintenace contract for 3 years so they could use the property while the dispute is being sorted. The maintenance contract was signed but not notorised does this make it not valid until its notarised ie is it not legally binding in the terms written and could be re worked so both parties are happy with its content? I am currently purchasing property in Bulgaria and within the preliminary contract it states that you have to take out a contract for maintenance for 2 years with a company they suggest. However this was then changed to 3 years when the maintenace contract was issued and since then a further revised maintenance contract has been issued saying that clients have to sign up to seven years. Can this be enforced? Also no property deeds have been given at the moment due to a dispute between the shareholders. However some clients have signed the maintenace contract for 3 years so they could use the property while the dispute is being sorted. The maintenance contract was signed but not notorised does this make it not valid until its notarised ie is it not legally binding in the terms written and could be re worked so both parties are happy with its content?

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