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Blog
/ Real Estate
A Do and Don’t Guide before Purchasing Rights in Agricultural Land in Israel
December 2, 2020
/ by
Hagit Ben Moshe
The Israeli public is offered a number of opportunities to acquire rights in agricultural land that may be rezoned to residential. Before purchasing such rights, there are a number of issues to examine in order to understand the land’s potential.
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Are Publicity Brochures for Apartment Developers Considered an Agreement?
July 19, 2020
/ by
Daphna Klein
Developers and entrepreneurs often market apartments for sale using glossy prospectuses and state-of-the-art simulations that purport to represent to the buyer the apartment they are about to purchase. Sometimes, though, there is no connection between the information in the brochures and the apartment one purchased. The question arises of whether such publicity materials constitute a binding document.
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Mandatory Conditions for Pinui & Binui Projects
May 31, 2020
/ by
Eldar Adato
Pinui & binui projects vary according to the requirements of the authorities and the law. Adv. Eldar Adato explains in a short video the difficulties of the process and what needs to be done in order for a pinui & binui project to be implemented in your building.
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Renting or Leasing out an Apartment? Here’s What You Should Know
August 27, 2019
/ by
Alon Wolner
Many tenants move in August, so now is the perfect opportunity to refresh your memory on the rights and obligations of the parties involved (both the lessor and the lessee).
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Saving Israel’s National Outline Plan 38 for Urban Renewal
April 1, 2019
/ by
Alon Wolner
The housing shortage in Israel and the issue of urban renewal are constantly on the public agenda. This past year, there have been many discussions about the actions that must be taken to initiate and carry out urban renewal projects.
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Tips before Signing a Lease Agreement for an Apartment
February 13, 2019
/ by
Barnea
Since an apartment lease can contain several pitfalls, here are some important issues you should check in order to ensure you begin your lease on the right foot.
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All You Need to Know about Receiving Brokerage Fees in a Transaction
October 4, 2018
/ by
Gal Livshits
Here are a few rules of thumb to make it easier for you to receive the brokerage fee payment and to make it harder for your clients to evade such payment.
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May It Be Renewed – Amendment to the Evacuation and Construction Law
September 20, 2018
/ by
Alon Wolner
The residential real estate market in Israel has been subject to drastic changes for some months. After years of a steady sharp uptrend in apartment prices, the number of real estate transactions has diminished, and apartment prices in most regions in Israel have either stabilized or dipped slightly.
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What to Know before Signing a Contractor’s Purchase Application
September 6, 2018
/ by
Barnea
In most projects, the marketers/contractors/developers customarily require potential apartment buyers to sign a purchase application/proposal form. Read through these five points before signing.
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What to Know When Purchasing or Renting Out Property in Israel
August 16, 2018
/ by
Liat Keisary Yahalomi
Purchasing property is Israel is a complex process, especially for non-residents. It’s important to consider what type of property you want to buy, as well as to be aware of the multiple steps involved, including engaging an attorney, conducting negotiations, and paying the purchase price and accompanying taxes.
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PropTech – Transformation of the Real Estate Market
June 21, 2018
/ by
Barnea
Major, long-established players in the real estate market have joined forces with young companies and entrepreneurs with the objective of resolving the many challenges inherent in the field of real estate transactions.
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Purchasing Apartments through TAMA 38 Projects
March 7, 2018
/ by
Eldar Adato
If you are interested in purchasing an apartment from a contractor through a TAMA 38 project, you should know that the process is completely different from purchasing a new apartment from a contractor or the purchase of a secondhand apartment.
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Pinui-Binui– The Full Legal Guide
January 9, 2018
/ by
Eldar Adato
The “Pinui-Binui” transaction is a common name for combination transactions, in which existing residential neighborhoods are vacated in favor of the reconstruction of a new neighborhood in the same complex. At the same time, existing tenants trade in their old apartments for new ones in a modern neighborhood with new and developed environmental infrastructure.
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How Does TAMA 38 Begin?
September 14, 2017
/ by
Eldar Adato
Dozens of TAMA 38 projects are never implemented for a variety of reasons. Here is a short overview of points to help you ensure your TAMA 38 project is put into practice.
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National Outline Plan (NOP) 38 – Recommendations to Tenants
June 1, 2017
/ by
Alon Wolner
Urban renewal construction projects, known in Israel either as an NOP 38/1 project (retrofit and renovate), or as an NOP 38/2 project (demolish and reconstruct) began in Israel as a result of the realization that residential buildings whose building permits predate 1.1.1980 must undergo earthquake retrofitting.
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TAMA 38 – The Complete Guide
March 15, 2017
/ by
Eldar Adato
The Israeli government resolved to approve and implement a national outline plan, known as TAMA 38, to reinforce buildings from the risk of earthquakes. To which buildings does the plan apply and what should one know before signing a contractual agreement with the contractor?
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How Blockchain will Revolutionize a Paper World
February 26, 2017
/ by
Barnea
In many ways, electronic communications dominate the world as we know it. We “talk” through email, text, and social media, to the point that the written letter is almost an anachronism. Still, some areas still thrive on paper. Real estate, for example, depends on paper deeds and documentation to confirm authenticity. Similarly, many corporations depend on paper records to demonstrate regulatory compliance. But blockchain is helping to change all of that. The technology that made Bitcoin work is expanding, in Israel and beyond, to help secure online processes and chains of custody in ways that can help shift paper-dominated fields into the 21st century.
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Non Israelis – 10 Essential Tips When Purchasing Residential Property in Israel
July 21, 2016
/ by
Liat Keisary Yahalomi
Purchasing a residential property is generally one of the most profound, expensive and important decisions you make in your life. Even more so when purchasing a residential property in Israel. Following is a check list containing 10 most important tips on how to do it the right way.
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What you need to know about buying your first home
February 23, 2016
/ by
Maya Zisser
Buying an apartment is usually the biggest purchase of one’s life, and for most of us it represents a significant financial outlay. Therefore, once we’ve found an apartment we like but before we’ve signed a contract, it’s very important to check out several angles.
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The Guide to the Newbie Tenant
February 21, 2016
/ by
Liat Keisary Yahalomi
So you posted on Facebook that you’re looking for a place to live. You read the fine print of every ad on yad2.co.il. You asked everyone – from your grandmother to your elementary school bestie – for help, and you were probably one of 50 people who showed up to see the place. And now the place is yours for the asking! But before you commit, make sure to check these tips so that in the future you don’t regret signing the lease
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Just before you “pass” on saying “I do”
January 25, 2016
/ by
Liat Keisary Yahalomi
In recent years, more and more couples are opting to live together without getting married, for a variety of reasons. The State of Israel has enacted clear laws addressing the division of property for instances when couples who are legally married decide to separate; however, if a couple decides to not be formally married, they are deemed a “common law couple,” and then matters become more complicated.
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