As of May 3, changes in real estate sales will take effect

Main text

On May 3, 2024, amendments to the Tax and Insurance Procedure Code (TIPC) will come into force, which will abolish the declarations of no outstanding public obligations that citizens must file when selling real estate. The declaration under Article 264 will be abolished.
According to Sherlock Homes' interlocutors, the verification will now be done electronically by a notary, and this will take a long time and lead to queues. Also another innovation - for the sale will need to have in place bulstats from both owners of housing in the case of purchase by both spouses, but only the one who is one, according to the company's chief lawyer, attorney Nadezhda Gocheva-Petrova.