|
Real Property Law
A land restitution process that is fraught with delays, has disillusioned many, and has created suspicion and doubt about the government’s equity, fairness, and motivation has stunted Bulgaria’s land market. However, Bulgaria moved forward in the transition to a market economy and has developed a legal framework that is sufficient for land transactions and lending. The professionals working in the real property sector are promarket and have been lobbying for legislation in their favor. A gap persists between the services, information, and systems available in the city in comparison to those available in the rural areas.
|
