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Zahavi - Pretty & Co.
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Real Estate

Sale and purchase transactions, title due diligence, real estate contracts, urban renewal and property taxation.

A real estate transaction is often the most significant financial decision of a person's life - and therefore requires meticulous legal guidance at every stage. The firm guides buyers, sellers and developers from the initial title check through to final registration at the Land Registry, with a partner personally involved in every deal. Buying or selling a property? Have questions about real estate? Contact us and we will be glad to guide you.

What we do in this area

  • Guidance in the sale and purchase of apartments and commercial properties
  • Title due diligence and registration with the Land Registry and Israel Land Authority
  • Urban renewal projects - TAMA 38 and evacuation-reconstruction
  • Tax planning and real estate taxation aspects of the deal

Frequently Asked Questions

What should I check before buying an apartment?

Before signing a contract you should verify: the property's registration at the Land Registry, absence of liens and encumbrances, building permits, debts to the local authority, building rights and planning status. A lawyer who carries out these checks protects you from unwelcome surprises after the purchase.

What is the difference between TAMA 38 and evacuation-reconstruction?

TAMA 38 is a programme for strengthening existing buildings against earthquakes while adding floors. Evacuation-reconstruction involves demolishing the existing building and constructing a new, larger one. In both cases residents receive a new, improved apartment, but the contracts with the developer require close legal supervision.

What is betterment tax and who pays it?

Betterment tax (mas shevah) is a tax on the profit from selling real estate. It is generally paid by the seller, though there are exemptions - for example on the sale of a qualifying residential apartment. It is worth assessing the situation before signing.

At what stage should a lawyer get involved in a real estate deal?

At the negotiation stage, before signing. Early involvement allows problems to be identified before you commit, the contract to be drafted in a way that protects your interests, and the tax aspects to be properly planned.