The Real Estate Department of the firm handles all aspects of real estate transactions, both in the business sector and in the private sector. The firm specializes in representing families and individuals who are not Israeli residents, and accompanying them in all matters relating to the purchase of real estate in Israel.
The firm has acquired a great deal of experience in commercial and private real estate transactions and in the sale and/or purchase of land involving various stages of planning, whilst emphasizing the tax solutions in all aspects (capital gains tax, dividends tax, property betterment tax, property improvement levies, etc.), both by individuals who are Israeli residents and/or by foreign residents and companies and/or companies held by foreign resident companies.
Moreover, the firm regularly advises a number of foreign investors operating in the domestic private market, commercial and hotel markets, etc., both in Israel and overseas.
The real estate department places an emphasis on each and every stage of the various proceedings in real estate transactions, and accompanies the clients already from the first stages of the transaction, emphasizing quality and professionalism and the appropriate comprehensive checks, up until the final stage, as well as representation before the relevant authorities, such as the Land Registration Office, the Israel Land Administration Authorities, the Tax Authorities and the Municipal Authorities.
The Real Estate Department of the firm handles, inter alia, the following matters:
- Legal advice on land transactions of all types, including purchase and sale transactions, both from the contractor and second-hand, purchase groups, options, rent, etc.
- Real estate purchases through a trust corporation and the implementation of the relevant tax convention, as well as transfers from a trustee to a beneficiary and transfers without consideration.
- Representation of families and individuals who are not Israeli residents, in everything involved in the purchase of real estate in Israel.
- Representation of clients with the Planning and Building Authorities and the other State Authorities, as well as litigation and appearances before the various Tax Authorities and the Municipal Authorities.
The Real Estate Department of the firm enjoys ongoing consultation with other departments in the firm, operating in parallel and in full cooperation, such as advice from tax advisors, litigation, etc.
One of the subjects of expertise of the Real Estate Department is representing and advising companies specializing in the area of finance and real estate, with an emphasis on the financing of building transactions and urban renewal, pursuant to TMA 38.