Supplements of THE GENERAL CONDITIONS of MIRELA-LTD for implement of intermediary services in real estate transaction

On the grounds of par.70 of the THE GENERAL CONDITIONS of MIRELA-LTD for implement of intermediary services in real estate transaction, the following supplements and amendments are made:

1. Аt section II THE MEANING OF THE USED SPECIFIC TERMS par. 4.12 minimum amount of Usual remuneration upon sale-purchase transactions is changing from 1000 to 600 EUR and par. 4.12 acquires the following content:
4.12 For Usual remuneration of MIRELA in the meaning of Section VII from the General conditions is taken 3 % from the sale price / but not less than EUR 600/ upon sale-purchase transactions; as well as 30 % from the monthly rent price/ but not less than EUR 100 / upon lease deals. The indicated amount of the usual remuneration does not include VAT.

2.At section II THE MEANING OF THE USED SPECIFIC TERMS is added par.4.14 with the following content:
4.14.By Promise of transaction in section VIII is understood expressed written intent from MIRELA’s client for deal with certain price and terms.

3. Аt section III "CONCLUSION OF ASSIGNATION ORDERS FOR MEDIATION" is added new par. 9a with the following text:

9a. "Assignation order for mediation may be concluded with a client who is not owner of the property or doesn’t have power of attorney by the owner, if the client identify (indicate) the owner, the client personally declares in front of MIRELA – LTD the owners’ agreement to implement the transaction as well as the correctness of all the given information about the conclusion of the Assignation and also takes personal responsibility to provide all the documents required for the transaction and the owner’s presence (or his/her representative with power of attorney) during the negotiations and signing of the documents. In all those cases the non-owner client assume personal liability to pay the remuneration and/or possible compensation, interest and/or default."

9b. "Having in mind the possibility for negotiating during negotiations, deal with property can be made for the price and conditions other than those originally stated in the Assignation order. This fact can not be grounds for challenging the owing, amount and case of the remunition under the contract."

4. At section 47 after the end of the sentence is added the text: “but not more than 10% of the amount of remuneration", as the clause acquires the following content:
47.If the Client delay the payment of remuneration and/or forfeit under Assignation contract, he shall pay interest on the principal with the amount of 0.5% for each day of delay, but not more than 10% of the remuneration.

This amendment enters into force on 10.01.2014



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