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
10 Important Things to Know When you buy a new home in Israel from a construction company or “on paper” , as they say, you don’t really know how the finished product will look because all you see are the pre-construction plans. You have very little idea how the apartment
By Attorneys Etgar Kedem-Kaufman, Avi Becker and Nicole Levin Sometimes you may be entitled to a Land Appreciation Tax exemption. As detailed in our former article, Land Appreciation Tax (“Mas Shevach” in Hebrew), is a tax levied on a real estate property seller in Israel in accordance with the Land
By Adv. Sherri Lerner-Horowitz Zoning and planning issues in Israeli real estate transactions can cause many problems. The following story comes from the desk of an Israeli zoning and planning attorney, Sherri Lerner-Horowitz. The couple sitting opposite me was in their early forties, academics, who had been able to buy
Why is it necessary to probate a foreign will in Israel? What happens when a foreign resident who owns property in Israel dies? What happens to his Israeli property? Very simply, it goes to his heirs. This is very important to foreigners who own real estate in Israel or who
Buying or selling real estate in Israel can be a stressful experience in the best of situations. Here are seven things your Israeli real estate lawyer should do for you to take away the legal headaches. 1. Discover What You Need Your Israeli real estate lawyer should help you ask
Buying from plans means buying a new home directly from a construction company. This can certainly push your anxiety level up. If you know what questions to ask, you can anticipate any issues and solve them before your minor headache turns into a major migraine. Question 1: Are these the
Buying second hand real estate in Israel needn’t drive you crazy. If you know what questions to ask, you’ll be able to navigate the legal maze much more easily. Who owns the property in a second hand real estate transaction? A majority of the land in Israel is owned by
By Adv. Etgar Kedem, Adv. Avi Becker and Adv. Nicole Levin Have You Sold Real Estate in Israel and paid Capital Gains Tax? You may be entitled to Capital Gains Tax refund. A 2015 report issued by the State Comptroller and Ombudsman of Israel with regards to Capital Gains Tax
