Properties under 10 000 Euro will be paid in cash

22.02.2010

Controversy about the new rules on real estate transactions continue at full steam in the National Assembly. And will allow payment by hand, if the buyer owes no more than 10 000 BGN, provides this option ready for final adoption in plenary. This applies mainly to small rural and agricultural property, said Emil Radev (GERB) by the legal committee.

The project submitted by the government provided from 1 January to pass all transactions through a bank, a seller and buyer to sign a notarized statement that the amount transferred is the true price. Many lawmakers, including. of GERB, opposed to these proposals to the cabinet. According to Nikolai Pehlivanov of Attack sworn affidavits bumashtina and create more costs, but will not stop hiding high taxes - people will see through bank only part that is recorded by notarial deed in price and can not lower of the tax assessment.

Disputes third month already delayed the adoption of the law. Already becoming declarations of the price to drop, but will there be a threshold below which payment may be done by hand, and what will he decide the Chamber.

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