Eldar is the head of our firm’s Real Estate Department and an expert in the areas of construction and planning laws and real estate taxation.
Eldar has rich and varied legal experience in the real estate sector. He represents companies, public entities, entrepreneurs, and contractors in real estate and construction and planning projects, and accompanies them throughout these different projects. Eldar is involved in all stages of the preparation and launch of a project, beginning with the planning stage, then project funding and marketing, through to securing all permits and approvals.
Eldar also represents public and private companies, entrepreneurs, contractors, and residents in urban renewal projects (“vacating and constructing” and “NOP 38”). In this capacity, Eldar provides legal advice for the duration and length of the process and project. This extends from the early exploration steps to negotiations between the entrepreneur and contractor and residents, reporting to tax authorities, planning and construction committee hearings, issuance of permits, banking consultation, and delivery of apartments to owners and registration of their rights.
Eldar is an expert in eminent domain procedures and has been greatly successful in petitions for compensation for the expropriation of lands. He even succeeded in changing legislation dating back to British rule before a panel of seven judges on the Supreme Court. He has won countless suits and judgments that have created legal precedents.
Eldar consults and lectures for different forums, and he hosts the show “Real Estate Time” on the Reshet Channel (13). In addition, he is invited as a permanent consultant to Israeli Knesset planning committees.
The University of London, England, LL.B. 1995
Member of the Israel Bar Association, 1996
News and updates - Eldar Adato:
Supreme Court Reduces Protection for New Apartment Buyers
A new Supreme Court ruling determines that a warning note may not be used as collateral for buyers of apartments in a TAMA 38 project in Ramat Gan in which the developer went bankrupt. In light of the ruling, Elder Adato, the head of our Real Estate Department, was interviewed by Calcalist. He commented: "In dozens of TAMA 38 projects all over the country, the only collateral home buyers received until now was a warning note. These warning notes were primarily intended to ensure the money of home buyers. It is important to note that this ruling applies only to a specific event, in which the contractor collapsed and the warning notes constituted an 'onerous asset' for the completion of the project. "
Roundtable Article of Urban Renewal Experts
In the weekend edition of Yedioth Ahronoth, urban renewal experts gathered to discuss burning questions in the field. Adv. Eldar Adato, partner and head of the firm's Real Estate Department, explains what alternative housing is and when a tenant is entitled to it. He also discusses project delays.
Mandatory Conditions for Pinui & Binui Projects
Urban renewal projects have sparked a great deal of interest. Many want their building to be renovated as a pinui & binui project, but in order for such a project to be implemented, a number of conditions must be met. We asked Eldar Adato, the head of our Real Estate Department, to highlight key things to know when starting an urban renewal project and which terms are important to include in the signed project agreements.
Tenant consent: What is the consent percentage required to approve a pinui & binui project, and is it equal to other types of projects, such as TAMA 38 (reinforcement)?