Real Estate Lawyer

David Page Law presides over a real estate practice that encompasses the gamut of real estate matters in commercial and residential real estate projects in Israel.

1. Due Diligence Into Real Estate Projects

We perform due diligence into real estate investments in Israel to ensure to the extent possible that there are no nasty surprises regarding title to the property, zoning, or other legal obstacles.

2. Crafting Legal Documents

We draft and review and edits purchase contracts for real estate and shepherd real estate projects through from contracts with general contractors, architects, and others to minimize problems before they start from a legal point of view.

3. TAMA 38-1 and TAMA 38-2 Projects

We have broad experience in TAMA 38 projects both from the developer and tenant sides, including everything from tenant consent and developer negotiations to approvals by the municipality.

4. Taxation

Our attorneys deal with complex issues of real estate taxation, including acquisition, appreciation, and international taxation matters.

5. Transfer of Real Property

Our attorneys deal with transfers of real property, including by and to non-residents and trusts and including via wills and testamentary and probate orders.

Recent Posts

Wills, US Trusts and Estates Lawyer in Israel

A lawyer in Israel who is expert in the matter of wills, United States trusts and estates, also known as a probate lawyer, is indispensable and should be at the top of your list of priorities in any process for documenting your wishes regarding your estate, after you’re gone. Even if your last wishes echo those of others who you know, the only thing that is standard is that your document must be registered and validated by the legal system in Israel. Aside from that, assume nothing. What if I Have American Documents? Any document, affidavit, testimonial or handwritten will, US trust or anything pertaining to your estate or estates overseas, if drawn up in the United States, will not be recognized as any binding legal document in Israel. At the moment of truth, without the validation of the Israeli legal system, by way of notarization, either from a court clerk, judge, or attorney who is a notary, you will, at some point, most indubitably, be caught with your pants down. You can use your wills, US trusts and estates papers from the United States, as a basis for drawing up new papers in Israel with a qualified lawyer. You would do well to hire a lawyer who can explain every detail to you in a language you will understand, so that you will be certain to put in all that you intend and leave nothing to open interpretation after your death. Why is a Lawyer So Crucial in Israel? A top grade lawyer in Israel will be your best asset in drawing up any will, trust and estate document in Israel. If any unnecessary words are in the text or, the opposite, any essential information left out, nobody and nothing will be able to recover or prove your wishes,…

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Finding an Estate and Probate Lawyer in Israel

Failing to plan is planning to fail. One might think that there is no such thing as post-mortem failure. The benefactor, once deceased, certainly can’t be blamed for anything going on in this world anymore, right? Right. However, the beneficiaries can be left with no small mess to clean up and sort out, for lack of estate planning. The US and Israel’s laws change often and quicker than citizens might be aware of. To ensure that all assets reach the rightful hands, when the time comes, legal documents, filed properly and on time, are the only things that can do this. Unless you want to run the risk that your assets might be impounded or usurped by governments and entangled in red tape, you absolutely must hire professional advisors and/or lawyers who understand your aim and you need to leave everything, down to the minutest detail, in order when you leave. Lawyers, expert in estate planning and knowledgeable in both, American/US and Israeli law, can best do this. The offices of David Page Law is a leader in this field and sensitive to your wishes. It will secure the transfer of any property, as well as other personal affairs, when the time comes. You might also prefer that a neutral party handle the execution and administration of all matters pertaining to your estate. A licensed, expert lawyer is the best for such a job. National law or a last will and testament would be adhered to in all such business. Should you choose to appoint a layperson to handle your estate, that party could have questions that pertain to taxes or legalities, especially if the matter involves two countries. An expert estate, trusts, wills, and probate lawyer is the best person for such a job and will help the administrator…

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Real Estate Contract Mistakes You Should Avoid

What does a standard real estate purchase document include? A standard real estate document is the blueprint showing the roles of each party in the transaction before the transfer of the title to the real property (apartment, house, office space, commercial real estate, etc.). Simple real estate documents include detailed information on the property, buyer, seller, price, financing, contingencies, insurance, closing, inspections, terminations, taxes, termination options and more. There is available a lot of information, and it’s easy for an unsuspecting buyer or seller get confused due to minor mishaps. Here Are Five Mistakes You Could Find In A Real Estate Contract: Not disclosing encumbrances An encumbrance is simply a claim against a property by someone other than the owner. This can ultimately impact the ability of the title to be transferred to a new party. Encumbrances must be lifted before any transaction can occur. Common encumbrances can include property tax, liens, easements, and mortgages. Encumbrances can only apply to person instead of real-property. You might want to check with the office of regulatory affairs to make sure you remain protected from any potential scams. Not disclosing leases Buyers should pay attention to any potential lease disclosures and should discuss with the seller’s realtor to find out if there is an active lease on the property. Sellers who have hired a third-party management company needs to review their contract. This makes them sure to end any possibility of new leases before the sale, so the owner is not blind sighted. Inaccurate legal description Wring parcels can be listed on deeds or the real size of the land might be misstated during the purchase. This type of error can negatively affect the taxes on the property. Mistakes in the footage can ultimately change the appraised value of the home, thus leading…

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Essential Real Estate Documents For Closing the

CLOSING A REAL ESTATE SALE After making an offer on a real estate property and getting it accepted, prospective buyers have waited several weeks to finally be in a position to move into the new house. However, there is one more step that remains, and that is the closing. In the end, a buyer will need to provide several documents so that they can finalize the sale. A buyer who is looking to provide these documents at the end will benefit by attending it with one or more wills and probate lawyers. THE DEED The first document that you will need at the closing is the deed. This is a document that allows you to be put into the chain of ownership records with the Israeli Land Registry (TABU). It is significant because it will enable you to have a formal record of ownership of the property. Therefore, anyone looking up current and past owners will be able to refer to the deed to find your record of the purchase. A BILL OF SALE You will need to bring a bill of sale which transfers all other personal property such as furnaces, air conditioners, and appliances. Having this document is significant because it will enable you to have legitimate proof that you will be receiving other property along with the house itself. PAYMENT OF APPLICABLE TAXES Calculating the applicable Israeli taxes, including tax on the acquisition (Mas Rechisha), appreciation tax (Hashbacha), and application of various discounts including TAMA 38 incentives and Aliyah benefits are key elements of a real estate sale. THE MORTGAGE The mortgage is the agreement that you have with the lender to buy the property. It also states that the property is collateral for the loan. A mortgage is recorded with the deed and becomes a lien…

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LEGAL MISTAKES IN REAL ESTATE TRANSACTIONS

The Biggest Legal Mistakes You Could Make Without the Right Knowledge There are several mistakes clients make before buying a home. Some buyers do not have proper guidance to avoid common pitfalls. Which is why a few of the more qualified lawyers from one of the top-notch real estate practices Israel has to offer agreed to sit down and explain a few facts.  1) You have to write a strong offer to the seller. Sellers do not generally respond to invalid and weak offers requests, according to one of the more prominent real estate law firm Israel has to offer.  According to an Israel real estate lawyer, your offer has to be something worth talking about. In other words, do you only have $,500,000 to spend on a home? Well, you cannot go talk to someone selling a $1 million home unless you leverage financing. The seller will disregard the offer,  You may only have $500,000 to spend, but that does not mean you cannot negotiate an asking price down to a price approaching your level. The listing is $1 million for a reason, so 50% will unlikely be an accept discount. 2) According to an Israel real estate lawyer, your offer has to be written in a deal before proceeding to the next level. In other words, you cannot offer value to the seller using just words. Words mean nothing without a contract backing it up. Someone could offer more money on the property than what is being asked. The seller is going to take that offer over yours. You should be aware of this going in.  3) There is no way you can make an agreement without knowing information on the home, including mortgages, liens, the title, records associated with the title, and other legal documents.  You need…

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