Required documents under ZMIP

Law on Measures Against Money Laundering (LMAML)

Dear current and future clients,

We kindly inform you that, in our capacity as an intermediary in real estate transactions, AGENCY "INTRIGUE" LTD is an obligated person under Art. 4, item 18 of the Law on Measures Against Money Laundering (LMAML) and Art. 9, para. 2 of the Law on Measures Against Financing of Terrorism (LMAFT).

According to the cited laws, before concluding a Mediation Contract for the purchase and sale of real estate, a Guarantee Deposit Agreement and other documents, as well as in transactions for renting real estate where the monthly rent amounts to or exceeds 10,000 euros or their equivalent in a different currency, we are obliged to perform a comprehensive check, including identifying clients, for which purpose we will require the following documents from you:

• Copy of identity document (ID card - for Bulgarian individuals or passport - for foreign individuals; if there is a document certifying the residence of foreign citizens on the territory of the Republic of Bulgaria, a copy of the same is also taken)
• Copy of identity document of legal representative(s) and beneficial owner(s) (for legal entity)
• Copies of power of attorney, identity document of the attorney, if there is an authorized person to represent you.
• Declaration under Art. 42, para. 2, item 2 of the LMAML for a prominent political figure, declaring that you do not fall into the categories under Art. 36, para. 2, Art. 36, para. 5, and that in the last 12 months you have not fallen into any of these categories or, respectively, you fall into one of the listed categories. The declaration is completed by a client individual, by individuals in their capacity as representatives and beneficial owners of the capital of a legal entity.  
   
• Declaration under Art. 59, para. 1, item 3 of the LMAML for the beneficial owner of the capital of a legal entity. This declaration is completed if the client legal entity has not submitted a declaration under Art. 63, para. 4 in the Commercial Register at the Registry Agency or if the beneficial owners are not registered as partners or sole owners of the capital of the company.
• Declaration under Art. 66, para. 2 of the LMAML for the origin of funds when purchasing real estate, as well as when renting real estate with a monthly rent value of or above 10,000 euros, which is completed by individuals and legal entities in compliance with the respective requirements of the law for full, accurate and clear indication of the funds that will be used for the purchase/rent of the property.
• Information questionnaire for a client legal or individual.

The documents provided by you, respectively copies thereof, will be stored properly and will be used only when conducting checks by the competent state authorities in the face of the Financial Intelligence Directorate of the State Agency "National Security". Therefore, the processing of personal data for the purposes of preventing money laundering and terrorist financing is considered a matter of public interest under Regulation (EU) 2016/679 and cannot be restricted by the requirements of Art. 12 - 22 and Art. 34 of the same regulation (Art. 83, para. 2 LMAML). You can be assured of the security of your personal data because the AGENCY processes your personal data in compliance with all requirements of the Law on Personal Data Protection and GDPR.

For your convenience, we present all information regarding the processed categories of personal data, the legal grounds for processing, the categories of recipients and the storage periods for each of the processing purposes in the section of the site PRIVACY POLICY.

According to Art. 4 of the LMAML, all obligated persons (including financial institutions, real estate agencies, notaries, and others) are obliged to identify their clients by presenting an official identity document and taking a copy of it (Art. 53, para. 1 of the LMAML). As the identification of persons includes clients individuals, legal representatives and beneficial owners of commercial companies. For legal entities registered under Bulgarian commercial law, publicly available documents such as an up-to-date reference on the general status of the company, an up-to-date statute, a company agreement, etc., as well as an up-to-date reference on the beneficial owners of the capital and the representatives of the company are collected. The respective references and documents are archived and also stored for the purposes of the indicated laws.  

When concluding a Mediation Contract for purchase and sale or a Guarantee Deposit Agreement by electronic statement, electronic signature or by another form without the presence of the client, in addition to the indicated documents, additional ones may be required in order to comply with the legal provisions.

If you have any questions, do not hesitate to contact us!