Prepare a Bulgarian sale involving a child's share: court permission, representation, price protection and the conditions that must match the final deal.
Selling Bulgarian real estate belonging to a child requires more than the parents' signatures. Article 130(3) of the Family Code requires permission from the district court for the child's current address, provided the disposal does not conflict with the child's interests.
Assemble the title, information about the child, evidence of value and proposed terms. Explain why selling serves the child and how their part of the price will be protected. A tax valuation and convenience for the adult sellers do not settle that assessment.
Permission is not an unrestricted authority to sell on any terms later. Compare the buyer, price, payment arrangements and other conditions with the court's order. Material renegotiation may require the scope of permission to be reconsidered.
Who signs depends on the child's age and family circumstances. A conflict between parent and child requires a special representative. A parent buying the child's share should not assume they can represent both sides.
For inherited property, acceptance under inventory must also be examined. Sale proceeds remain the child's property; permission to sell does not make them freely available for family spending. Disposal of money in a child's bank deposit has its own legal requirements. Resolve these stages before promising the buyer an unconditional completion date.
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This article is for general information only. It does not constitute or replace individual legal advice.