Post by TheTravelBug on May 3, 2009 11:56:04 GMT
A new law has come into force on 1st May 2009 with regardless to ownership of apartments in communal blocks. Details are set out and commented on at www.questbg.com/en/legalfinance/legal/1082-new-laws-bulgarian-apartments.
The main consideration for apartment owners in places like Sunny Beach and Bansko where many blocks have lots of unsold apartments, is it would give the developer control over the management of the block.
The main consideration for apartment owners in places like Sunny Beach and Bansko where many blocks have lots of unsold apartments, is it would give the developer control over the management of the block.