Amendments in the GENERAL CONDITIONS for implement of intermediary services in real estate transactions of Mirela-LTD

On the grounds of par.70 of the GENERAL CONDITIONS for implement of intermediary services in real estate transactions of Mirela- LTD the following amendments are made:

1. Section 10 with the following meaning is revoked: "In case the Client in the Assignation order for mediation or some of the clients has/have a proxy, the parties in the concluded contract and the proxy accept that the obligations for the payment of compensation, interest and/ or default which are envisaged in the present General conditions are jointly accepted from both proxy and the client."


2. Section 46 with the following meaning is revoked: If the CLIENT from the concluded contract-order for mediation does not implement his obligations upon the clause for the granting of exclusive rights or terminates the order before the term, he owes MIRELA a DEFAULT in the amount of 50% of agreed remuneration no matter the envisaged consequences from this non-execution."


3. Section 47 is changing, as from the content is dropped the phrase "and/or penalty", and the word "interest" is replaced by a penalty. The text gets the following meaning:
47. If the Client delays the payment of remuneration and/or forfeit under Assignation contract, he shall pay penalty on the principal with the amount of 0.5% for each day of delay, but not more than 10% of the remuneration.

4. The following text is added to section 36.4: "or deals with provided Client for another property, (or property owned by a related party), located in the same building with the property covered by the contract", as the content is the following:

36.4. concludes with the Provided client or with related person in the meaning of the present General conditions other type of transaction which has real-law effect over the property /exchange, grant, establish or sale of the right for construction or establish right for use, sale of sole trader or trade company in which the Provided property is an asset and others/ or deals with provided Client for another property, (or property owned by a related party), located in the same building with the property covered by the contract.

5. Addition to section 39.3 with the following new text: "or a deal for another property, located in the same building with property, if the property owner is the same.", the content is the following:


39.3. concludes personally or through a related person in the meaning of the present General conditions another type of transaction which has proprietary legal effect over the Provided property /exchange, grant, establish or sale of the right for construction or establish right for use, sale of sole trader or trade company in which the Provided property is an asset and others/ or a deal for another property, located in the same building with property, if the property owner is the same.

6. These amendments come into force on 26.05.2014.



The general conditions of MIRELA-LTD for implement of intermediary services in real estate transaction

The General conditions were approved by the Managing Director of MIRELA-LTD on 20.02.2012, displayed in MIRELA’s offices and published in the official internet page of MIRELA on address www.mirela.bg