PROPERTY COMPENSATION IN THE EVENT OF EXPROPRIATION PURSUANT TO THE STATE PROPERTY ACT AND THE MUNICIPAL PROPERTY ACT

Author

Prof. Ventsislav Stoyanov, PhD

Annotation

The amendments in the State Property Act as of State Gazette No 87/2010 and in the Municipal Property Act as of State Gazette No 15/2011 re-established the property compensation upon expropriation of real estate for state or municipal purposes.Since the property compensation is not recovered as a principle, but applies only in certain cases, this article examines the preconditions under which property compensation can be implemented. Moreover, the author examines the cases where property compensation is not applicable. The property compensation procedure in the event of expropriation of real estate for state or municipal purposes is described in detail in this article.

In addition, the author analyzes the legal remedies available to the owner in those cases where property compensation does not meet the equivalent requirements.

Keywords

property compensation, expropriation of real estate, state purposes, municipal purposes, equivalent requirements

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