Posts by Meir Shua
Canceling an apartment purchase contract: everything you need to know
Buying an apartment is a significant milestone in our lives, but it is also a major commitment, involving legal complexities and a significant expenditure of money. At the heart of the process is the apartment purchase contract, a binding legal agreement that specifies and regulates all the terms of the transaction between the buyer and…
Read MoreWhat is a Real Estate Attorney?
As you are about to finalize a real estate deal in Israel, you may wonder, “What am I actually paying for here? Can’t I manage without paying thousands of shekels to someone just to draft a contract?” The following article will explain what is a real estate attorney in Israel – their role, necessary skills,…
Read MoreIsraeli Real Estate Lawyer
For many of us, real estate transactions are the largest and most important transactions we will make in our lives, and therefore they are often accompanied by many fears and concerns. To ensure your peace of mind when selling or buying real estate, it is important to rely on the services of a real estate…
Read MoreDrafting of a Clearance and Construction (“Pinuy Binuy”) Agreement between a Building Maintenance Committee (“Vaʻad Bayit”) and an Entrepreneur
What is the proper way to draft a Pinuy Binuy agreement between a building maintenance committee and an entrepreneur in a clearance and construction project in Israel under national outline plan #38 (the national plan for strengthening buildings against earthquakes, abbreviated tama 38 in Hebrew)? Clearance and construction projects by national outline plan #38 are…
Read MoreWhat Is the Cost of a Real-Estate Lawyer in an Apartment Purchase Transaction in Israel?
We all know that real-estate transactions are complex and that the cost of such transactions may reach tens of thousands of shekels that must be paid for a lawyer, a mortgage broker, an appraiser, preliminary checks, and other expenses, as needed. This article discusses the cost of a real-estate lawyer in Israel —the basic fees,…
Read MorePurchasing an Apartment From a Contractor in Israel
Purchasing an apartment from a contractor in Israel may be cheap, but it is riskier than buying a second-hand apartment. The apartment does not yet exist, so the buyer cannot examine the quality of the construction or even be sure that the apartment will actually be built. Below we explain about the importance of having…
Read MoreRenting vs. Buying an Apartment in Israel
The immense increase in apartment prices over the past decades has brought many to wonder—should they buy an apartment (or even a house) or make do with long-term rental? This article presents the advantages and disadvantages of renting an apartment vs. buying one—from the financial, legal, and practical perspectives. SO IS IT BETTER TO BUY…
Read MoreGetting a Mortgage for Buying an Apartment in Israel — Everything You Need to Know
There are many stages in purchasing an apartment in Israel. One important stage is getting a mortgage that will allow you to leverage your equity and achieve the amount of money needed for buying the property. There are various types of mortgages, and the type that you choose will determine how much money you will…
Read MoreTypes of Land in Israel
There are many types of real-estate transactions in Israel. In real-estate transactions that are not a simple apartment purchase but, rather, the purchase of land for residential or other purposes, it is important to understand the history of the land in question when considering the various aspects of the transaction. Our firm, which has branches…
Read MoreTransfer Taxes in Israel for Individuals Living Abroad
There are many unique aspects to apartment purchase transactions where one of the parties lives abroad rather than in Israel. Because the transaction is conducted remotely, a third party is needed to conduct preliminary checks for the purchaser who is abroad, as well as special conditions when requesting a mortgage from Israeli banks. This article…
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