In the complex landscape of Israeli real estate transactions, engaging specialized legal counsel is not merely advisable but essential. Abitbol & Associates, with its extensive expertise in Israeli real estate law, provides comprehensive guidance throughout every critical phase of your transaction. The legal, tax, and administrative implications of real estate transactions demand sophisticated counsel to mitigate risks and ensure the legal security of all parties involved.
Core Legal Services in Real Estate Transactions
Our real estate practice encompasses three fundamental areas: legal, tax, and transactional services. Our primary responsibilities include:
Due Diligence and Property Verification
- Comprehensive title searches and Land Registry verification (טאבו – Tabu)
- Review of property ownership status and existing liens or encumbrances (עיקולים)
- Validation of building permits (היתר בנייה) and analysis of additional development rights (זכויות בנייה נוספות)
Tax Planning and Compliance
- Strategic counsel on applicable taxes, including capital gains tax (מס שבח) and purchase tax (מס רכישה)
- Assessment of tax relief eligibility and optimization opportunities
- Development of tax-efficient transaction structures
Contract Negotiation and Documentation
- Drafting and review of purchase agreements with robust client protections
- Strategic negotiation support
- Implementation of risk mitigation strategies
Ensuring Transaction Security
A secure real estate transaction requires thorough professional verification across multiple dimensions:
Official Documentation Review
- Verification of consistency between Land Registry records and property condition
- Comprehensive title search and encumbrance review
- Compliance with local regulatory requirements
Financial Due Diligence
- Investigation of hidden debts or undisclosed encumbrances
- Compliance verification with local regulations
- Assessment of financial obligations and liabilities
Construction and Zoning Compliance
- Review of building permits and zoning regulations
- Verification of compliance with the Planning and Construction Law (1965)
- Assessment of potential administrative or financial disputes
Value-Added Legal Expertise
In Israel’s increasingly complex real estate market, our specialized counsel provides:
Dispute Prevention
- Proactive identification and resolution of potential compliance issues
- Strategic risk assessment and mitigation
- Early intervention in potential areas of conflict
Administrative Coordination
- Efficient liaison with local authorities (רשויות מקומיות)
- Procurement of required certifications and permits
- Navigation of regulatory requirements
Tax Optimization
- Development of tax-efficient transaction structures
- Strategic planning for tax savings
- Implementation of available tax benefits
Complex Transaction Management
Our firm specializes in handling sophisticated real estate matters, including:
- Transactions involving unregistered properties (חברות משכנות, מנהל), subject to administrative restrictions
- Sales of properties with additional development rights, including betterment levy considerations (היטל השבחה)
- Resolution of construction irregularities and permit validation issues
Conclusion
By choosing Abitbol & Associates, clients benefit from tailored legal representation based on extensive expertise in Israeli real estate law. Our attorneys guide you through each phase of your real estate project to ensure success and protect your interests. For a consultation, contact our team of experts, who stand ready to analyze your situation with professional diligence and expertise.
13 Avenue Bugeaud Paris 16ᵉ
Tel: + 33 (0)1 78 90 03 73
Fax: + 33 (0)1 77 74 63 99
13 rue Shimon ben Shetah, 9414713, Jérusalem
Tel: + 972 (0)2 595 63 45
Fax: + 972 (0)2 591 63 26