Purchase Tax Refunds
Heres how I got two large purchase tax refunds for a client. A few years ago, I represented a woman from the US who purchased two apartments in Israel. The…
Historical Land Contracts
Historical land contracts have been taking place in the Land of Israel since before Israel became a state. In the case I will write about here, my clients were three…
Cancellation of a Real Estate Contract
In my 38 plus years as an Israeli real estate attorney I have rarely had the need to enforce the clauses in a real estate sales agreement that deal with…
Buying an Apartment: The Ins and Outs
There is so much to buying an apartment than just the legal side of things. There are so many issues to be decided and then implemented. So here is a…
Buying from Plans: The Final Price
When buying an apartment from plans in Israel you cannot know the final price of the apartment. There is the price you are quoted. There is the price in the…
From “No” to “Yes” – Getting a Mortgage in Israel with US Trust Income
By Moise Zack, Senior Consultant at First Israel Mortgages Helping clients acquire a good mortgage in Israel often feels like solving a mystery. Dealing with the bureaucratic hurdles from Israeli…
Quality of Construction
How do you ensure the quality of the construction of your brand-new apartment? There is no simple answer to this. When purchasing an apartment from a construction company you should…
Capital Gains Tax, Betterment Tax – What’s the Difference?
What is Capital Gains Tax? What is Betterment Tax? Capital Gains Tax and Betterment Tax. If you have done a real estate transaction in Israel, you certainly have heard of…
Rising Prices of Israeli Real Estate
I spent the whole day today at the real estate convention in Tel Aviv. The hot topic of discussion was the rising real estate prices. There was a list of…
Saving on Purchase tax
Is saving on Purchase tax possible? In every real estate transaction for residential real estate, the purchaser pays "Purchase tax". The tax is calculated differently depending on the status of…
Saving the Land Our Ancestors Redeemed
I have been approached many times by people who claim that they have an ancestor who bought land in Eretz Yisrael before Israel became a state. In many instances they…
Betterment Tax
Betterment tax is one of the taxes a seller might need to pay when selling real estate. This being so, the purchaser needs to make sure that the issue of…
Renting Out Your Apartment
Renting Out Your Apartment You’ve finally invested in real estate in Israel and now you're ready to earn some money by renting out your apartment. The following tips can help…
Buying from Plans – Revisited
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…