Legal Matters
Buying a second-hand home in Israel: What will our attorney do during the negotiation process?
Posted on 07. Feb, 2010 by buyitinisrael.
When purchasing a second-hand home in Israel, it is customary for the purchaser’s attorney to conduct negotiations with the vendor’s attorney by discussion, exchange of correspondence, and drafts of the contract of sale which reflect each party’s concept of how the transaction should be structured. The following is a selection of some of the more critical issues that a purchaser’s attorney will address during the process of a second-hand transaction:
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Buying a New Home in Israel: Why am I paying the Kablan more than the agreed price?
Posted on 24. Jan, 2010 by buyitinisrael.
The new apartment unit was selected, the purchase price was agreed, and the contract was signed. Why then was the amount due to the kablan more that the agreed price? There are five main factors that could impact the amount due to the kablan for real estate in Israel.
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Buying off-plan: 10 Stages after Signing the Contract on your New Home in Israel
Posted on 11. Jan, 2010 by buyitinisrael.
Congratulations on buying your new home in Israel. You signed the contract and made the first payment, but there’s still much work to be done. The following is written with a goal to help organize the next phase of the property purchase and make the various processes run smoothly.
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Making Payments to the Kablan: How to Protect Yourself Before Taking Possession of the Property
Posted on 09. Jan, 2010 by buyitinisrael.
While there are many issues that come up when purchasing property in Israel “on paper”, the most serious issue to take into consideration prior to signing any contract with a kablan is how the purchaser’s payments are protected until possession and transfer of title into his/her name.
