What Happens to the Guarantor When the Borrower Goes Bankrupt?
When someone agrees to act as a guarantor on a loan, they take on real financial risk. But what happens when the borrower goes bankrupt...
Category: Law & Taxation
Early Lease Exit: When the Landlord Said No to a Replacement Tenant
When a couple renting an apartment in Giv’atayim wanted to leave three months into a twelve-month lease, they offered to find replacement tenants to take...
Israel Tax Authority Chief Referred to Reduction Due on Purchase Tax on Investment Properties
Israel Tax Authority head Shai Ahronovitch is warning of billions in damage to state revenues, pointing to money “left on the floor” in the rental...
Divorce and the Family Home in Israel: When Debt Blocks a Spouse from Registering the Apartment
When a couple divorces and agrees that one spouse will take over full ownership of their shared home in Israel, what happens to debts and...
Dampness Defects in a Jointly Owned Building – Who Is Responsible?
When renovation work in one apartment causes dampness that spreads through the building’s common areas and into a neighbor’s home, who is legally on the...
Justice Ministry Publishes Uniform Apartment Measurement Standard
A draft standard approved by the Real Estate Appraisal Standards Committee at the Ministry of Justice has been released for public comment and seeks to...
Magistrate’s Court ruled: Reduction in quality of life in a rental property entitles tenants to pay lower rent
A Magistrate’s Court ruling held that extensive building renovations that significantly disrupted tenants’ use of a rented apartment constituted a material defect, entitling them to...
How the Sale of Property by a Real Estate Expert May Indicate Business Activity
When real estate is sold by an experienced, active party in the property market, the transaction may be viewed differently from a simple one-time sale...
Broker Misled Buyer About Exclusivity – No Full Commission Awarded
A broker told a buyer that he held exclusive rights to sell a property. In reality, he did not. Relying on that representation, the buyer...
Is a renovation of the building’s common property divided equally among all owners?
According to Section 61 of the Real Estate Law, a condominium is managed according to bylaws that set out the rules between the apartment owners...