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Together is global

Real Estate / Real Estate Transactions

Barnea’s Real-Estate Department, headed by Adv. Ariel Nadler, has vast experience in advising and managing all types of real-estate transactions, including combination transactions, sell and buy transactions, leases, real-estate purchasing consortiums and expropriation transactions.

Barnea provides a wide spectrum of legal services to its clients throughout all stages of any real-estate project – from the conducting of negotiations, through performing all of the due diligence examinations that are essential before purchasing an asset, the drafting of agreements, the handling of all processes with the authorities and all relevant parties, to attending the registration and transfer of the title to the client.

 

The legal counseling that Barnea provides to its clients encompasses the preparation and drafting of sale contracts, leases or purchase contracts in relation to private and commercial real estate, sales and purchases of assets in receivership proceedings (including as receivers), representation of public companies in various real-estate transactions, real-estate ventures, registration of condominiums, cooperation agreements, and representation of contractors in transactions relating to expropriations and National Outline Plan 38. The firm also provides legal counseling in relation to the real-estate aspects of infrastructure projects.

 

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News and updates - Real Estate / Real Estate Transactions:


July 23, 2019

Interview with Eldar Adato about Purchasing Groups

Eldar Adato was interviewed by TheMarker following publication that a group of apartment purchasers in the exclusive Blue project submitted a claim against Canada Israel. Eldar explained more about purchasing groups and noted that "those who join purchasing groups become entrepreneurs together with the other group members and, as a result, are dependent on the management of the group. The group members have no final price for the apartment, there is no final date for occupancy, and there are no guarantees for the money that they pay. It is important to remember that despite the possibility of large savings in the value of the future apartment, which sometimes reaches 20%, there are many projects managed incorrectly and that sometimes even cost the group more money than they would pay if they were buying an apartment directly from a contractor."

December 27, 2018

Draft Bill - Real-Estate Purchasing Groups

On December 23, 2018, the Israeli ministerial committee approved a draft bill on the subject of real-estate purchasing groups. This draft bill is designed, on the one hand, to protect members of purchasing groups and, on the other hand, to enable their continued existence as a means to construct residential apartments while cutting costs.

December 23, 2018

Israel Tax Authority Issues New Rules for Recognizing Property Betterment Expenses

The Law for Reducing the Use of Cash, which is scheduled to come into effect on January 1, 2019, will have a significant impact on the real-estate sector.

Real Estate / Real Estate Transactions

Barnea’s Real-Estate Department, headed by Adv. Ariel Nadler, has vast experience in advising and managing all types of real-estate transactions, including combination transactions, sell and buy transactions, leases, real-estate purchasing consortiums and expropriation transactions.

Barnea provides a wide spectrum of legal services to its clients throughout all stages of any real-estate project – from the conducting of negotiations, through performing all of the due diligence examinations that are essential before purchasing an asset, the drafting of agreements, the handling of all processes with the authorities and all relevant parties, to attending the registration and transfer of the title to the client.

 

The legal counseling that Barnea provides to its clients encompasses the preparation and drafting of sale contracts, leases or purchase contracts in relation to private and commercial real estate, sales and purchases of assets in receivership proceedings (including as receivers), representation of public companies in various real-estate transactions, real-estate ventures, registration of condominiums, cooperation agreements, and representation of contractors in transactions relating to expropriations and National Outline Plan 38. The firm also provides legal counseling in relation to the real-estate aspects of infrastructure projects.

 

Back to Real Estate

News and updates - Real Estate:


July 23, 2019

Interview with Eldar Adato about Purchasing Groups

Eldar Adato was interviewed by TheMarker following publication that a group of apartment purchasers in the exclusive Blue project submitted a claim against Canada Israel. Eldar explained more about purchasing groups and noted that "those who join purchasing groups become entrepreneurs together with the other group members and, as a result, are dependent on the management of the group. The group members have no final price for the apartment, there is no final date for occupancy, and there are no guarantees for the money that they pay. It is important to remember that despite the possibility of large savings in the value of the future apartment, which sometimes reaches 20%, there are many projects managed incorrectly and that sometimes even cost the group more money than they would pay if they were buying an apartment directly from a contractor."

December 27, 2018

Draft Bill - Real-Estate Purchasing Groups

On December 23, 2018, the Israeli ministerial committee approved a draft bill on the subject of real-estate purchasing groups. This draft bill is designed, on the one hand, to protect members of purchasing groups and, on the other hand, to enable their continued existence as a means to construct residential apartments while cutting costs.

December 23, 2018

Israel Tax Authority Issues New Rules for Recognizing Property Betterment Expenses

The Law for Reducing the Use of Cash, which is scheduled to come into effect on January 1, 2019, will have a significant impact on the real-estate sector.

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