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...
The municipal property tax in Israel, known as “Arnona,” is levied by the local authorities to finance their activities and services. It is calculated according...
The Greek Orthodox Church owns hundreds of acres of valuable land in downtown Jerusalem, on which thousands of apartments are built. In the last few...
The purchase tax (known as Mas Rechisha) imposed on property in Israel has been significantly reduced for second homeowners and non-residents buying in Israel, in...
With the difficulty of selling apartments during Corona-times, a seven-month extension has been granted to Israelis to sell their apartment before being considered “investors” —...
When someone purchases a new apartment or an apartment “off-plan”, a question that often arises is how does the purchaser guarantee the quality of construction...
Only one month after starting his new role as Minister of Housing and Construction, Yaakov Litzman is spearheading the cancellation of the Purchase Tax (Mas...
The Israeli Housing Ministry has recommended a 100-day delay in delivering new apartments in Israel as a result of Coronavirus. This amounts to an additional...
The COVID-19 pandemic is still raging strong. Nobody knows with any certainty if we, in Israel, are in the beginning, the middle, or towards the...
The Municipality of Tel Aviv announced that it is increasing the property taxes (“arnona“) of approximately 1,400 “ghost apartments” to 220.78 NIS per square meter. Property taxes...
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