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.
Landlords often either use standard, store-bought rental agreements or simply copy a contract from another landlord. Sure, it's significantly cheaper than using a lawyer, but it's also penny-wise and pound-foolish.
Below is the true story of one of my clients. Let's call him Daniel. He wasn't originally my client of course; he became mine when he became too embroiled in the Landlord-Situation-From-Hell to extricate himself without some professional help. I have changed some of the facts of the case and replaced them with facts from similar cases. Daniel is not alone with these problems. He could start an international support group of disgruntled landlords with similar stories as this is a very big problem that happens to many landlords.
Daniel owned a beautiful house which he rented out to a family. Let's call them “the family”. He used a simple rental agreement that he had used many times in the past and which had always served him well.
At some point during the lease, the family refused to allow Daniel to enter the house. They claimed that...
Read the complete article on our website.
-------------------------------------------------
Tip of the Month
-------------------------------------------------
When renting out your property try to get the best security you can. A bank guarantee or a cash deposit held by your attorney is better than a promissory note ('Shtar Chov'). You should also insist on guarantors for fulfillment of the lease. If the guarantors are threatened with legal action due to the misdeeds of the tenant, they will often put pressure on the tenants to fulfill their side of the lease agreement.
-------------------------------------------------
Legal Vocabulary
-------------------------------------------------
'Tsav Pinui' (Eviction Order)
–
If the tenant is in breach of the lease agreement then the Landlord may apply to the courts for an eviction notice. Once an eviction notice is issued a landlord can receive the assistance of the police and the Execution [of Court Orders] Office in evicting the tenant.
-------------------------------------------------
Subscription Information
-------------------------------------------------
Please feel free to forward this newsletter on to friends in its entirety.
If you received this newsletter from a friend you can subscribe and get your own copy by signing up in the box to the left of this article.
We only send out this newsletter with permission. If you no longer wish to receive it, you can unsubscribe by sending an unsubscribe email by clicking here.
-------------------------------------------------
For Further Information
-------------------------------------------------
Additional information can be found at:
http://www.levinlawoffices.co.il/free.shtml
Further interesting articles can be found at:
http://www.levinlawoffices.co.il/articles.shtml
Previous newsletters can be found at:
http://www.levinlawoffices.co.il/articles.shtml
If you have any further queries please feel free to make use of the Contacts page on our website:
http://www.levinlawoffices.co.il/contact.shtml
© 2006-9 Nicole Levin - All Rights Reserved
Disclaimer and Copyright Information.
