Month: October 2011

Property Management

It is also important that the landlord has the right to claim damages (including foregone income) caused termination of the fault of the tenant. For a potential tenant office and industrial premises are also not without interest any problems with the tax authorities that occur at the entry into force of long-term (over one year) leases subject to compulsory state registration. The lease usually states that it covers the relationship between the parties, after the actual transmission of the tenant space in use and, accordingly, he required to initiate lease payments since the signing of the acceptance facility. In this case the right to assign lease payments at the cost arises from the tenant from the contract due to moment of its registration. In practice, of the signing parties to the lease and the beginning of the actual use of the tenant leased premises before the treaty enters into force are months. There are cases where the tax authorities in audits do not agree with the inclusion of the cost (of goods, works, services) for unregistered rental contracts. Undoubted interest specific characteristics of individual leases office, production and warehouse space, which is subject to additional and often costly burdensome requirements. With regard to subarendnym relations should be remembered that the agreement "subsubarendy" office space, storage, etc.

contrary to existing law governing the rental relationship, in particular, st.608 Civil Code, and, even with the consent of the owner or authorized agency, may be declared null and void. If the object of rent non-residential premises in common ownership (eg condominiums, housing cooperatives, etc.), it requires agreement of all owners to transfer it to the Rent (st.246 Civil Code). In addition, private owners have common ownership while renting non-residential premises owned by them often as a condition of renting to the tenant making demands on repair systems livelihood of an apartment house, roof, attic, elevators, landscaping, etc. If the rented object is in the mortgage, then a necessary condition of the lease is compulsory consent of the pledgee (p.2 st.346). A necessary condition for the lease of property and public utilities is the consent of the Committee on Property Management (p.2 st.295 Civil Code). At rental property landlord serves public agencies the authority empowered to dispose of municipal property (cookies). Feature of the rental of buildings and structures, when a party to the contract acts Stock society, is that a transaction of between 25% and 50% of book value assets of the company, its consent is required for decision of the board of directors, and over 50% – solution of the general meeting of shareholders.

Property in Bulgaria

Should I buy property in Bulgaria? More and more Russians are asking themselves this question. Russian real estate market studies have shown recently that one in seven people in Russia is planning to buy a home in the next few years. But buying property in Bulgaria in the first place means a great investment. This is so because: 1. 1st January 2007 Bulgaria joined the European Union.

This immediately led to both enhance the growth of foreign investment and to increase in the price of real estate in Bulgaria. In 2007, the average price of property in Bulgaria per square meter increased by 28% compared to 2006 – thus Bulgaria ranked second in the world prices for real estate. And yet – Property in Bulgaria continues to be one of the cheapest in the world. Besides membership in the EU means for Bulgaria primarily economic stability, development and long-term predictability. 2. In 2010, Bulgaria will take the euro as currency. This means that the next increase will be followed by real estate prices in Bulgaria. Experts' predictions show the expected rise in real estate Bulgaria about 50-55% over the next 3 years (2008, 2009, 2010).

3. Bulgaria is famous for its hot summer sun, unspoilt beaches on the Bulgarian Black Sea coast and the mild climate. The average summer temperature – about 25-27 degrees, the average winter temperature – 8-10 degrees. Thus the country is one of the best places to stay all year round. Buying an apartment in Bulgaria and obezpechit you the opportunity to profit by renting an apartment to rent in summer or kriglogodichno. 4. And the Bulgarians use the Cyrillic alphabet and Russian, Bulgarian language is close to tserkovnoslovyanskomu language and thus – in Russian language too. All this is enough, that would turn the country into a place of profitable investment.

The Realtor

Although, the usual luck was not excluded. Perhaps the first person who came to watch just need an apartment in this place, just for this price. If the name of the buyer in the transaction involved real estate agent can be part of the service for free. By participating in the transaction agent, one way or another, is interested in the rapid solution of all problems and therefore can help you to call, for example, in gathering the necessary documents for sale. However, it is possible that for such assistance to the realtor will ask pre-payment.

For example, say that "… situation is more than a serious, we undertake to solve it, and it is worth so much. " Accept the proposed conditions or solve their problems independently, each defines for himself. If the agent in the transaction is not involved, then all negotiations better hold on their territory: in your home or office. Psychologically, the native walls help – people feel more confident and calmer. 5.

Agreement with the seller is not always agreement the buyer is the final decision. Even agreeing on a deal people can continue to seek more lucrative option. At the same time, the seller has already rented an apartment advertising confident that the deal will certainly take place. So reasonable after the oral consent of the buyer to ask for an advance payment to secure the obligation to buy an apartment. Suppose you manage to persuade a buyer to a kind of provisional sum, which can guarantee that the transaction takes place.

Housing Move Income

Given the lack of interest and penalties for early repayment (similar to a mortgage bank), by program "Housing move 'is this all much faster. Distinct advantage gives a clear and reliable mechanism for the functioning of the transaction. In the program "Housing move 'ruled out precedents of insolvency of customers who are in the banks is usually attributed to unscrupulous borrowers. In the Programme "Housing move 'income is formed due to income from rental real estate acquired by the participants program. Rent is always relevant and can serve as collateral for any length of time, regardless of the financial position of Buyer. Therefore, interest on payments for providing the shoulder does not fall on the buyer. Through that the program "Housing move 'no fines and penalties for late payments.

People are very afraid of mortgages primarily because of this. Who knows what's coming tomorrow? Get sick, lose their jobs, and more. In the case of a mortgage insolvent clients does not secured (not protected) and the chain drags everyone. Thus, the program "Housing move" does not need to verify the solvency of the Buyer, which enables avoid the requirements of banks to provide various information, proof of income, the presence of guarantors, etc. In addition, banks do not have to pay for making the mortgage agreement, the mandatory life insurance Notary services and so on. Until the full calculation of the Buyer does not live in an apartment, but an opportunity not to pay any interest and commissions on credit provided by the shoulder and takes his own decision on the size of payments and the timing of its return, without any penalties for late payment.