Congratulations. You have finally found your dream home in
Israel and you may even have agreed a price. But if you thought
that was the end of the process, think again. Unlike in other
countries which may have a standard procedure for the buying
property, in Israel almost everything is up for negotiation. From
the dates and times of the payments, to the length of time until
completion and even the exchange rate to be used, all these issues
need to be resolved in the purchase agreement. Welcome to the
Middle East!
Once you have found a property to purchase and agreed a price
with the sellers, a draft contract will be prepared and we will
obtain the documents needed to prove the legal status of the
property. The property may be registered or unregistered, freehold
or leasehold, and the registration may be managed by a government
institution, a public organization or a private developer. All this
must be clarified. In addition, if there are building
irregularities,
