Welcome to the latest issue of the Israel Real Estate Law Insights, published by
Nicole Levin Law Offices, experts in all aspects of real estate law in Israel.
You are receiving this newsletter because you signed up for it on our website or
because you filled out a form at a housing fair. Our newsletter focuses on the
legal aspects of buying, selling and renting property in Israel.
Prospective tenants often choose to use off-the-shelf lease agreements. These are standard lease agreements that are provided by the real estate agent or purchased from a store or the post office.
The rationale behind using a standard agreement goes like this: "Hey, it's only a rental agreement - what could go wrong? Why should I spend money consulting a lawyer?"
The following true story should explain why representation is important even for a simple lease. Identifying details have been omitted to protect client confidentiality...
Read the complete article on our website.
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Tip of the Month
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Always consult an attorney before signing a lease agreement. Real estate agents are not allowed to prepare legal documents and the lease agreement is a legal document. Is should set out the lease period, the option to renew, the rent, who's responsible to fix what, insurance, securities given by the tenant, which additional payments the tenants are resposible for etc.
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Legal Vocabulary
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'Choze Schirut' (Lease Agreement) –
This is the agreement that sets out the terms of the lease.
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