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Old 16-03-2008, 03:54 PM
iwico iwico is offline
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Join Date: Mar 2008
Posts: 12
Default How to make sure seller has a property's deeds?

Someone says below:

"The problem is, Not all houses even have deeds, in the communist times everything belonged to the state therefore the only way to prove ownership of a property after the fall of communism was to present the original deeds of your grandparents etc. dating back to the 1930s-1940s. Without this the property has an 'assumed deed' which prevents the current occupants from being evicted, but, not able to really sell the property. Its easy for a Bulgarian to go into the property under a further 'assumed deed' but when a company wishes to have 100% clear title- so much more complicated"

How many percentage of properties in there only hava a "assumed deed"?

If I try to buy a property, how do I know the owner has a "real deed" or a "assumed deed"? (I talk about the old properties--house with land, not newly built properties).

Regards
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