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
Real Estate Taxes
6 Critical Questions to Ask When Selling an Apartment in Israel Has the time come for selling an apartment in Israel. Whether it’s your primary home or a real estate investment, there are some important questions you need to ask your real estate attorney before moving forward with the deal.
Very often a purchaser has reasons to hide the fact that he is purchasing real estate. Under Israeli law this is possible because the purchase can be facilitated by a trustee. The trustee’s name appears in the contract as the purchaser and his name will appear in the land registry
In a recent decision of the Tel Aviv District court it was ruled that a party that incurred damages as a result of negligence of the municipality in calculating municipal taxes (Arnona) can sue the municipality for damages without using the Arnona appeal process mandated by law. In this particular
The law pertaining to the taxation of real estate transactions gives exemption from capital gains tax (Mas Shevach) in several instances. One of the most common exemptions from capital gains tax is given to someone who sells a residential apartment and has not received an exemption during the previous four