Call OR WhatsApp: ISRAEL: +972-50-680-9888 USA/CANADA: +1-305-608-4336
Call OR WhatsApp: ISRAEL: +972-50-680-9888 USA/CANADA: +1-305-608-4336
Our expertise in the real estate field in Israel includes a deep and thorough understanding of the Israeli market and its characteristics, the negotiation behavior of this specific market, and a profound and updated knowledge of recent market trends.
Real estate law is an extensive, complex, and highly branched legal area that deals with all legal aspects of real estate property and rights in land. Therefore, it is crucially important to have a real estate lawyer in Israel who knows the complex nature of Israeli real estate law. This field includes, among other things, dealing with real estate transactions such as combination transactions, clearing–building transactions, land contracts such as sale and lease contracts, registration of transactions in the Land Registration Bureau, land taxation issues, betterment charges, participation in the land, dissolution in the land, mortgages, preference rights, benefits, buyer groups and more.
Therefore, besides the ongoing legal representation for each transaction we may assist our clients with various related issues, such as hiring a realtor and official appraiser to receive professional appraisals for the property at stake.
The Attorney's role in real estate transactions in Israel is different than attorneys' role in the United States or Europe. In Israel, real estate contracts are not dictated by the state, but each contract is specifically tailored and prepared by the real estate attorneys for the transaction on the table.
Draft contracts are exchanged between the parties’ lawyers several times, while negotiating the different clauses, until an acceptable version is achieved, and only then a date is set for signing the contract. The real estate attorneys are playing an active role conducting the entire process.
Another material difference is that the attorney of the real estate transaction is responsible for gathering information and documents related to the property purchased and is also responsible for examining ownership rights. This important role requires comprehensive examination and the receipt of declarations and securities from the other party to ensure future rights for the purchaser.
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