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Can you sell inherited Bulgarian property after acceptance under inventory?

Acceptance under inventory limits liability but brings disposal rules. Check court permission, the five-year period and accounting for sale proceeds.

Kalchev Law FirmA law firm publication
1 min readPublished: Legal review pending

The essentials

  • Early disposal requires permission under Article 65.
  • A breach can remove the limitation of liability.
  • Management and proceeds need a clear accounting trail.

Acceptance of a Bulgarian inheritance under inventory does not leave its property unrestricted for sale. Under Article 65 of the Inheritance Act, disposing of inherited real estate within five years of acceptance requires the district judge's permission; breach exposes the heir to unlimited liability for the deceased's debts.

Understand the protection at stake

Acceptance under inventory generally limits liability to the value of the inheritance received. This is different from a promise that creditors can recover only from the particular apartment. A limit on the amount of liability is not the same as a restriction on which assets may face enforcement.

Locate the court documents, inventory and acceptance date. Check that the property is included and identify other assets and known debts. The relevant period runs from acceptance, not automatically from the death.

The sale does not end estate administration

The heir must account to creditors and legatees for management. Retain the valuation, permission, sale deed and banking trail. If the sale will fund debts, clarify the payment order before selecting creditors simply because they demand payment most persistently.

Agreement among all co-heirs does not replace permission under this regime. If a child is involved, protection of the child's property raises an additional issue. Arrange the transaction so that the necessary authorisations precede the final disposal.

Practical guidance

What to do, step by step

01 / 03

Locate the inventory proceedings

Establish the date and estate covered.

  • Obtain the acceptance and inventory documents.
  • Check the property's inclusion and recorded liabilities.
02 / 03

Prepare the proposed disposal

Explain the terms before committing.

  • Provide the proposed price and valuation.
  • Describe how the proceeds will be used.
03 / 03

Track the money

Creditor payments require separate attention.

  • Keep the bank records for every payment.
  • Maintain an account of estate receipts and expenditure.

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This article is for general information only. It does not constitute or replace individual legal advice.