GENERAL MEETINGS IN APARTMENT OR HOLIDAY COMPLEXES (Step-by-step service and stage payment available):

The huge amount of holiday and apartment complexes in Bulgaria requested th eissuance by the Parliament of a specific Act which to set-up the relations among the apartment owners, when it comes to common shares of the building, and where concerned, the surrounding facilities too (swimming pools, sauna, fitness halls, etc). This is why in 2009 an Act for management of the floorage ownership has entered in force, to oblige the owners of apartments in residential or holiday complexes to set up General Meetings and to register properly the way of management at the local Authorities.

Usually it all circulates around two words: "maintenance" and "fees". Namely the performance of the maintenance in complexes appears to be the huge issue to be met once a foreigner buys a completed apartment situated in newly built local complex. Everybody wants to have clean stairs, light everywhere in the corridors, fitted water and electricity through all the year, and also working sauna, restarurant and swimming pool, but unfortunately it is difficult to meet the individual interests of tens or even hundreds of owners in the building. The local Law says that the majority of owners form on the General Meeting the amounts of the maintenance fees and other deposits, and every owner should bear this in mind and follows it. Legal help by professional property solicitor is needed especially where are involved the interests of the developer who still owns a number of apartments in the building or just wants to play new role - namely to maintain the complex against fee. Unfortunately in some cases it turns that the developer actually wants to retire with your annual maintenance fees. There are many cases where the maintenance fees have been charged for the total built-up area of the apartments, although the maintenance is to be performed only in the common parts of the building and basically is not related to the size of your apartment, but only to how many square meters of the common shares have been detailed in your Deed. There are also examples of charges of maintenance fees for year or two, and then the maintenance company (which is usually a daughter company of the developer) vanishes with the collected cash, leaving the owners in the middle of nowhere.

The above shows why you need professional legal advice and Bulgarian solicitor to manage properly all the activities related to proper setting up of General Meeting in complexes, and registering the appointed bodies at the local Authorities.

You may need assistance also in cases where:
- there is no maintenance of the common parts in the building (due to vanished developer or owners who do not want to pay);
- the maintenance is performed poorly only on the base of individual contracts between the developer and the owners.
- the owners have chosen their maintenance company and want their interests to be fully protected due to the prospective maintenance.
- the owners have no idea how to form General Meeting an to register the accurant bodies.

Please note that setting up General Meeting and all the related activities consist of enormous technical work to be done; lot and lot of documentation to be filled in; usually to be done where most of the apartment owners to participate in the General Meeting, are abroad and want us to appear on their behalf; etc. This is why the fees for performance of all the needed activities and filling all the necessary documentation, vary and could reach couple thousand Euros in some cases related to big complexes.