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Your computer data is very precious to you and hence you must always prefer to choose the best and experienced data recovery services in order to get the best results.
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Overseas buyers looking to purchase property in Bulgaria frequently hear that the regular practice is to put a lower price in the deeds to save money. Agents and even lawyers often assure the purchaser that most property transactions in Bulgaria are conducted precisely in this manner. The overseas buyer often poses no more questions, because they believe this information to be correct.
How wrong they are - there are such enomous risks to the buyer; it's really important that people don't get tricked with this.
Putting a lower price in the deeds during the last stage of the conveyancing process in Bulgaria is generally done because the vendor wishes to avoid taxes and fees which are due on final signing and which depend upon the property price which is declared in the deeds. The higher the value of the property, the higher the taxes and charges. But by declaring a lower price in the deeds than that which is actually being paid is an evasion of Bulgarian law and creates an ?invalid? or ?fake? deal and can lead to serious consequences.
From a civil law point of view this kind of ?fake? deal would be considered null and void anyway. To add to this, if you were found guilty of having been party to such a deal you could be charged with a fine of up to 1 Men's Nike Air Max 97 Ultra' 17 Triple Black Australia ,000 pounds and even imprisonment of up to three years.
It is also a common practice at the moment with Bulgarian constructors who are trying to avoid VAT which has to be paid on new build or off plan sales. They offer the potential of putting in a low and false price in order that they do not pay all or any of the VAT due.
For the overseas buyer, one can only imagine what any mortgage company might have to say about all of this if at a later date they become aware of the property being under-declared on the deeds! Bulgarian estate agents often say, 'oh well, don't worry, you can do the same; just find someone else to pay you part in cash later' Nike Air Max 90 EZ White Australia , but it's not that simple. With European entry looking increasingly likely in the immediate term, it won't be so easy to find a buyer willing to do this and people trying to operate in this way will find it increasingly difficult to do so. Any buyer really has to ask himself whether he would do this in Britain with a similar proposal from an agent, paying in some cases up to 70% of the price in cash and then hoping to find a future buyer who would do the same.