Buying a second-hand apartment: the legal guide
Buying an apartment is one of the most important financial decisions we make. With a second-hand apartment, the transaction involves more than the excitement of moving...
Notaries Law, 5736-1976
Chapter I: Licensing. Licensing committee. A notary's licence is granted by a seven-member committee appointed by the Minister of Justice, including two members proposed by the Israel Bar Association.
The chair shall be a legally qualified civil servant, at least two members public representatives, and at least one a notary. Eligibility. 2. (a) A person is eligible if all the following apply: (1) Israeli citizenship or permanent residence. Permanent resident means the holder of a permanent residence permit under the Entry into Israel Law, 5712-1952. (2) Bar membership and one of the following conditions:
What is an apostille and why is it important?
What is an apostille and why does it matter? An apostille is an official stamp confirming the authenticity of official documents so they can be accepted abroad.
It originated in the 1961 Hague Convention, intended to simplify recognition of official documents between participating countries. The source states that 124 countries, including Israel, participate, removing the need for complex consular legalisation. There are two types of apostille, each for different documents. 1. Foreign Ministry apostille. This applies to official documents issued by state authorities,
Historical article · 2024
Expected changes to real estate taxation in 2025
Israel's real estate market faces significant regulatory changes expected to affect property buyers, sellers and landlords. Changes are expected to take effect in 2025...
Citizenship Law, 5712-1952
Who is entitled to Israeli citizenship under the Citizenship Law?
Law of Return, 5710-1950
Who is entitled to immigrate to Israel under the Law?
A property transaction in dispute: the court found the cancellation invalid and ordered performance of the agreement
A Jerusalem apartment purchase agreement signed in 2020 between buyer Guy Bernard Farash and seller David Yishai became a complex dispute in the Jerusalem District Court.
Both parties, who had agreed to specific terms, faced breaches of the agreement by the other. The recent judgment highlights the importance of contractual commitments and good faith in real estate transactions. Background. Farash agreed to buy the apartment for NIS 4 million, while Yishai undertook to deliver it with its registration and condition matching the plan...
Real Estate Taxation (Appreciation and Purchase) (Purchase Tax) Regulations, 5735-1974
Purchase tax and land appreciation tax
When the dream became a nightmare: the Pinhas family received tens of thousands of shekels for late delivery and building defects
In 2016, after a long search and with considerable anticipation and excitement, Nitzan and Liran Pinhas signed a contract for a new apartment on Negba Street in Ramat Gan.
It was meant to become their new home. What began as a dream soon became a nightmare as serious building defects, repeated delivery delays and signs that the apartment fell short of the promises emerged. Buying the apartment and receiving the keys. Like many Israeli couples, Nitzan and Liran had saved for years to buy a new apartment and begin a new chapter. They dreamed of a quality home that would meet their needs, especially after...