Buying from plans means that the apartment exists on paper only. It is not yet built. You don’t see what you are getting unless you have the ability to envision how things would look by looking at the plans. I have written in the past about buying from plans in
The influence of the family unit on real estate taxation By Adv. Etgar Kedem-Kaufman, Adv. Avi Becker and Adv. Nicole Levin The influence of the family unit on real estate taxation is an important point to understand. As a general rule, real estate transactions in Israel are subject to the
What are Transferable Development Rights in Israel? Most cities in Israel have historical buildings, sites and neighborhoods. The law mandates that each municipality do a survey of all its historical sites and buildings in accordance with certain criteria. Did an historic event take place there? Was the building designed by
Redemption of the land of Israel began anew in the late nineteenth century with the birth of the modern Zionist movement. The idea of forming companies, raising the money and purchasing land in the Ottoman held land of Israel was thrown around by several Zionist leaders at that time but
Due diligence. Due diligence. Those two words are the key to any successful business deal. Why should it be different when buying real estate? It certainly should not be different when buying real estate in Israel, whether you live abroad or in Israel. Before entering a real estate transaction there
Israeli real estate transactions from abroad during the Carona pandemic can be challenging. Government offices are closed in many places and it is difficult to get things done. New international laws restrict the transfer of funds needed to buy and sell real estate. How to navigate these obstructions when buying
Israeli real estate deals v. U.S. real estate deals – what is the difference and why is it important to know? Many people are nervous about entering into real estate transactions in Israel for various reasons. In Israel the real estate transactions are conducted in Hebrew a language they are
What real estate taxes do you need to pay? If you’re involved in real estate transactions in Israel, whether buying, selling or renting, you need to know about any taxes you may be required to pay. Here’s an overview of 6 real estate taxes you need to know about. Land
Navigating the Israeli real estate maze can be difficult. Most real estate transactions are uncomplicated and easy to complete, but when complications do arise, the dry legalese can suddenly take on a life of its own. It’s then that you’re grateful that your lawyer has read and understood the implications
I have been approached many times by people about inheriting land in Israel. The usual scenario is that their great grand parent purchased land in Israel before it became a state. Sometimes the property is a building and sometimes it is land. Very often people don’t know what they really
