POWER OF ATTORNEY FOR REMOTE REAL ESTATE TRANSACTIONS IN Bulgaria

A legal instrument for representation and control

A power of attorney is a key legal document enabling remote real estate transactions in Bulgaria.
It allows the client to delegate clearly defined actions without losing control over property or funds.

Use of a power of attorney

It is used for:

• property purchase

• property sale

• notarial procedures

• administrative representation

• ownership registration

Issuing a power of attorney

The document is notarized locally or at a Bulgarian consulate and contains strictly defined authorities.

Limitations and client protection

A professional power of attorney:

• is transaction-specific

• limits the scope of authority

• protects client interests

Validity and revocation

The validity period is set by the client.
The power of attorney may be revoked at any time.

The role of FavoritHome

FavoritHome prepares and applies the power of attorney strictly within legal and contractual limits.

Consultation

Each power of attorney is prepared individually based on the transaction structure.