Posts by Meir Shua

Are you in the process of receiving a mortgage in Israel (mashkanta) and are confused by all the technical terminology? In this Israeli Mortgage Dictionary you will find explanations about the common terms in the field. Our firm, which has branches in Jerusalem and Tel Aviv, specializes in real estate and land law. We advise…

 What do you need to do when buying an apartment for investment in Israel? It is important to choose the right apartment, to examine its condition, location and possible problems, and also to know how to calculate in advance the expected profit on the investment– how long it will take to return the investment and…

;When beginning a real-estate transaction in Israel, whether for an apartment, residential home, or land, many new terms come up that are unfamiliar to the layperson. One of these terms is betterment tax. What is betterment tax, who is required to pay it, how much money must be paid, when must it be paid, and,…

Dahlia had searched for a long time for a small apartment for her personal use. She lived alone and did not need a big place. One day she received an especially lucrative offer in one of the northern neighborhoods of Rishon LeZion, Israel. It was a small studio apartment, which she was offered at a…

How many of you drive a car without insurance? There probably aren’t many people reading this article who did not purchase insurance as soon as they bought a new car. Hiring a lawyer for an apartment purchase is the same as an insurance policy for real-estate transactions, which are usually considered the most expensive and…

Yoav was excited—he recently received the answer that he was waiting for from the Israeli Ministry of Housing, informing him that an apartment had been approved for him in the Central District of Israel, as part of the “Apartment at a Discount” project. He was out of his mind with joy. The apartment’s worth in…

One can argue that the primary concern for the seller of an apartment end upon receiving the full amount specified in the contract, while the buyer’s concerns last for many years. If this were true, then the sellers of apartments would not have no need of lawyers – but no doubt the person buying an…

What is a memorandum of understanding in real estate? Although it is not a detailed purchase agreement, a properly formulated memorandum has legal validity in Israel, and the signer can be required to either go through with purchasing the property or compensate the seller if he or she decides to back out of the deal.…

The largest transaction that most people make in their lives is, without a doubt, purchasing an apartment. Real estate prices in Israel have been rising for decades and this trend is expected to continue, certainly in areas that are in demand. This means that buying an apartment in Israel (not to mention a house or…