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Doron, Tikotzky, Kantor Gutman & Amit Gross law firm specializes in all aspects related to the real estate laws, properties, lands, starting with simple sale transactions to incessant handling of improvement and development of real estate yield (as of planning to leasing to renters, and current handling of profitable assets), and including building transactions and complex combination deals of large extents residential building sites. The office also handles planning and building processes, consolidation and parcelization, extensions of residences, matters related to public buildings, infrastructures, etc.
Real Estate Laws – Legal Aspects
The Real Estate Laws in Israel are based on the Real Estate Law – 1969, and in fact refer to legal aspects of ownership of lands and all types of property attached to the ground, be it permanent or temporary. The term real estate refers in fact to all known as real estate – it is the abbreviation of the words immovable property. The Real Estate Laws are in fact used to regulate the issue of rights of use and ownership of real estate. The rights on real estate are mostly regulated by actions such as lease, sale and key money.
The sale of real estate or properties will be executed mostly by a continuous process, by which the buyer will receive the ownership on the asset after a caveat is recorded at the Lands Registrar on the property, the purpose of the caveat is to prevent situations in which a property of any type, intended for sale to a certain person, will not change its destination unexpectedly, by being sold to another person.
Lease of Real Estate
The lease of real estate is a widespread technique, transferring the use of the real estate to a person who is not the original owner of the asset, for a restricted and defined period of time, by way of a renting contract. Extended renting periods of over five years are known as lease.
The Real Estate Laws in Israel recognize also other realizations of the real estate as for example the Tenant Protection Law, embodying a direct continuation of the term key money, which was customary in the past in our area. The Tenants' Protection Law grants possession in perpetuity on an asset, in consideration of a low rent, although there is not here full transfer of the title flaw on the real estate.
Our comprehensive line of experts in the Real Estate Laws and real estate field will assure the preservation of the rights on the real estate of our clients and will ascertain that they will obtain the most benefits from the real estate in their possession or in which they are interested in.
Feel free to reach out to us: Center Branch 03-6109100, Haifa Branch 04-8147500, Mobile 054-4251054
The experts of our law firm handle the most difficult cases in light of the extensive experience thanks to over 15 years of experience in the citizenship process.
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