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...
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Gush Dan Congestion Charge System To Be Built By Electra
The congestion charge in Gush Dan is getting closer: Electra has been selected to build, operate, and maintain 220 toll gates. The company won a...
America Comes to Israel: ILA Publishes First Tender for a Retirement Village with 2,000 Units Near Arad
Israel Land Authority (ILA) has announced the country’s first-ever initiative tender to establish a retirement village adjacent to Arad. The project is designed for residents...
Va’ad Bayit for 50 Shekels a Month: New Pilot Could Help Buildings Across Israel
Givatayim Municipality and the Housing Management Association have launched Israel’s first pilot of appointed building committees (va’ad bayit) — external building managers who receive full...
When Two Real Estate Agents Are Involved: Who Is Entitled to the Brokerage ?
A recent Tel Aviv Magistrates Court ruling addressed a situation in which two brokers, formerly in partnership, each assisted the same buyer at different stages...
Jerusalem Recommends Advancing 1,100 Homes in Urban Renewal Plans
The Jerusalem Municipality, through the Local Planning and Building Committee, has recently recommended that the District Committee approve and deposit five urban renewal plans totaling...
Interest Rates in Israel Are Finally Dropping — But How Much Will You Actually Save?
The Bank of Israel’s 0.25% rate cut won’t dramatically reduce most people’s monthly mortgage payments, but it marks a meaningful shift in direction. Because only...
Understanding the Israeli Housing Market in 2025: A Clear Analysis for Overseas Buyers
The Israeli housing market is currently facing one of its most complex periods in history. A combination of geopolitical shocks, economic uncertainty, labor shortages, and...
Interest Rate Cut by Bank of Israel for the First Time in Nearly Two Years
Israel’s first interest-rate cut in nearly two years marks an important shift in monetary policy, driven by slowing inflation, a strengthening shekel, and signs of...
Herzliya Housing Plan: 46,000 New Homes in One of Israel’s Most Expensive Cities
The Herzliya Municipality and the Israel Land Authority (ILA) are expected to sign today (Monday) a roof agreement for the construction of 45,756 new apartments...