2B or not 2B? Is this a grade of pencil? In Bulgaria some estate agents think that the preliminary contract has the power of the title deed until the latter is signed. The agents have a lot of delusions. Most of them think that a preliminary contract reserves the property (actually the developer can sell the property to a third person although he’s obliged not to); that signing of a title deed transfers property in itself (actually it’s the registration of this title deed that does it); that everything is surely o. k if a notary has no objection to sign the title deed; that a foreigner whose company has bought land in Bulgaria owns himself this land and so on. By law no special training is required of the agents in Bulgaria. And actually no special training is needed because the law never envisaged that some property agents will check things. How is possible for someone to check things if he has no idea what has to be checked? As for their integrity, I remember a case when an agent was annoyed that the preliminary contract is not immediately signed because no Certificate of Actual State was submitted by the representative of the developer, that is to say because no power of attorney was submitted by the representative of the seller. For her checking this was a waste of time. She was conveniently assuming that this person had to be the manager of the company just because he has said so.
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