Real Estate Management
The package includes the following commitments Agency Bulgaria shall make to all lessors who have decided to use the service:
- Consultation regarding lending the real estate property.
- Professional advertising and active offering of the real estate property guaranteeing finding the best lessee.
- Preparation and conclusion of a contract for rent by legal advisors, experts in the real estate field.
- Control on meeting all the terms and conditions of the contract.
- Securing the rent in case of cash payments and periodically reporting the rent amounts to the lessor.
- Takes responsibility for the deposit and its return at termination of the contract for rent after all due liabilities are covered by the lessee.
- Monthly control on payment of all bills and expenses related to the real estate property.
- Periodical control on the condition of the real estate property and its furnishings in accordance with a protocol issued at signing of the contract for rent.
- Renovating possible failures related to the usual exploitation of the real estate property.
- Representing the owner before the general assembly meetings of the other owners at the building.
- Representing the owner before all state, municipal, administrative, tax and other bodies and paying all taxes and fees due for the real estate property.
- Representing the owner before all utility companies (BTC, Sofiyska Voda, Toplofikacia Sofia, etc.).
All functions included in the real estate management service shall be performed after concluding a contract for management regulating the relations between Agency Bulgaria and the Lessor.
Representing the owner before the respective authorities shall happen via a certified power of attorney.
The remuneration of Agency Bulgaria shall amount to 10% of the monthly rent.