Buying an Israeli apartment as a foreign resident

Many Israeli citizens living abroad are interested in purchasing an apartment in Israel, either to move back to Israel \ visit it periodically, or for the purpose of investing in Israeli real estate, which is constantly on the rise. Purchasing an Israeli apartment as a foreign resident requires the help of a real estate lawyer,…

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Acquiring rights in Israeli real estate for foreign citizens

Our office previously explained the difficulties involved in acquiring rights to real estate in Israel for foreign citizens. Most of the land outside the major cities (mainly Tel Aviv and Jerusalem) belongs to the state. In most cases, it is easier for a foreign citizen to purchase an apartment or house but not the land…

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Canceling an apartment purchase contract: everything you need to know

Buying an apartment is a significant milestone in our lives, but it is also a major commitment, involving legal complexities and a significant expenditure of money. At the heart of the process is the apartment purchase contract, a binding legal agreement that specifies and regulates all the terms of the transaction between the buyer and…

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What is a Real Estate Attorney?

As you are about to finalize a real estate deal in Israel, you may wonder, “What am I actually paying for here? Can’t I manage without paying thousands of shekels to someone just to draft a contract?” The following article will explain what is a real estate attorney in Israel – their role, necessary skills,…

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Israeli Real Estate Lawyer

For many of us, real estate transactions are the largest and most important transactions we will make in our lives, and therefore they are often accompanied by many fears and concerns. To ensure your peace of mind when selling or buying real estate, it is important to rely on the services of a real estate…

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Drafting of a Clearance and Construction (“Pinuy Binuy”) Agreement between a Building Maintenance Committee (“Vaʻad Bayit”) and an Entrepreneur

What is the proper way to draft a Pinuy Binuy agreement between a building maintenance committee and an entrepreneur in a clearance and construction project in Israel under national outline plan #38 (the national plan for strengthening buildings against earthquakes, abbreviated tama 38 in Hebrew)? Clearance and construction projects by national outline plan #38 are…

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Purchasing an Apartment From a Contractor in Israel

Purchasing an apartment from a contractor in Israel may be cheap, but it is riskier than buying a second-hand apartment. The apartment does not yet exist, so the buyer cannot examine the quality of the construction or even be sure that the apartment will actually be built. Below we explain about the importance of having…

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Renting vs. Buying an Apartment in Israel

The immense increase in apartment prices over the past decades has brought many to wonder—should they buy an apartment (or even a house) or make do with long-term rental? This article presents the advantages and disadvantages of renting an apartment vs. buying one—from the financial, legal, and practical perspectives. SO IS IT BETTER TO BUY…

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