When is a trust a bad idea??
Leon Harris Amazingly, the Israeli Tax Authority (ITA) has just clarified how to get round a negative Supreme Court judgement relating to trusts, in a tax ruling (3399/22 of August…
Understanding Israeli Real Estate
Understanding Israeli real estate is not easy. It is a well-known fact that the majority of the land in Israel is owned by the Israeli Government. Indeed, whole cities such…
Real estate transaction at all costs?
Should we do the real estate transaction at all costs? Should we proceed even when the legalities of the matter are problematic? How much of a chance should we take?…
Banks and Israeli Real Estate
Banks and Israeli real estate are intertwined. Banks play an important role in Israeli real estate transactions. When you purchase real estate in Israel, how do you pay for the…
The Real Estate Deal from Hell
Last year I had, which can only be described as the real estate deal from hell opposite a lawyer who was nothing short of the devil. My client found his…
Possible Law Change and Foreign Residents
By Adv. Etgar Kedem-Kaufman, Adv. Nicole Levin and Adv. Avi Becker A recent proposal to change the Land Appreciation Tax Law may have dire affects on foreign owners of Israeli…
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…
