Real Estate & Property Law

In what cases can a lawsuit be filed against a contractor for late handover of an apartment? The law allows claims to be filed in cases of a delay exceeding 60 days in the handover of the apartment (and for contracts signed after July 7, 2022 – in cases of a delay exceeding a month).…

The Sales Law (Apartments) is a law designed to protect new apartment buyers from apartment sellers on several levels, and among other things it entitles apartment buyers to financial compensation in cases of a late handover of an apartment from a contractor. Compensation is given for a delay of more than a month in handing…

What is Pinuy Binuy in Israeli national outline plan #38 projects? Pinuy Binuy (meaning clearance and construction) is an urban renewal project in which condominiums are destroyed, and new and improved condominiums are constructed in their place. In urban national outline plan #38 (“Tama 38“) it is possible to issue an order for certain buildings…

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…

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…

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,…

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…

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…

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…

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…