Memorandum of understanding in real estate

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.…

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Taxation of real estate investments abroad

How does property taxation abroad work? The State of Israel taxes Israelis who own real estate abroad for investment. The amount of tax varies depending on how the investment is done (by independent Israelis or companies), the form of investment and other aspects. Proper planning, adapted to taxation law, can significantly reduce the tax burden.…

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All Uqbi v. The State of Israel

Our law office in Jerusalem and Tel Aviv summarizes key Supreme Court verdicts that determine judicial interpretation of Israeli law. In this article, our real estate law experts will summarize All Uqbi v. The State of Israel which determined the right of a local Bedouin tribe to expropriated tribal land.  Background information  In 2015, the…

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Aadel Ka’adan v. Israel Lands Administration

Our office provides summaries of key High Court of Justice rulings that affected current interpretations of Israeli law. This article explains the case of Aadel Ka’adan v. Israel Lands Administration, which helped clarify issues of Israeli land law.  The case of Aadel Ka’adan v. Israel Lands Administration is a landmark ruling made by the Israeli…

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The Market Overt Rule in Real Estate

What is the Market Overt Rule? Jewish Law and Israeli Law have stances on the Market Overt Rule. In Israeli law, this involves the requirement of registration and acquisition in good faith. When a stolen good is sold, it does not effectively transfer ownership. However, with the Market Overt Rule, if goods were openly sold…

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Signing a real estate contract in Israel

Proper Steps to Signing a Contract Before even drafting a real estate contract, you (the purchaser) and the seller should establish not only the price of the property but also the date of evacuation, the date of payment, and the presence and/or absence of furniture in the property. As your representative, your lawyer is responsible…

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