Articles28 found

An article on a change in tax legislation that now allows housing developers to recognize rental expenses in order to reduce the tax on rental income. The article was written by attorney Doron Afik from Afik & Co. together with On Shani CPA from Shani Reuven & Co.

An article on the ability of neighbors to object to short time leases of apartments via applications such as AirBnb or Booking

A couple purchased an apartment “on paper” from a contractor and had to exercise a lot of patience until they received the long-awaited key. Despite the couple’s expectation to receive the apartment at the time specified in the agreement, they had to wait a long time due to various delays on the part of the […]

A young couple is interested in purchasing an apartment in the city center. Equipped with a lawyer, the couple begins to negotiate the commercial terms with the sellers. A day later, the parties already come to an understanding on most of the principle issues, set a date for signing and agreed that technical matters that […]

An article on the compensation for late delivery of an apartment by a contractor and an amendment to the law of July, 2022. The article was written by Yair Aloni, Adv. of Afik & Co., lawyers and notaries.

An article dealing with NFT and its new applications including for factoring transactions and real estate related transactions. The article was written by Doron Afik, Esq. of Afik & Co., lawyers and notaries

An article that deals with representations within the framework of sales agreements and the ability of a party to rely on the other party's representations

An article in the spirit of the Sukkot Jewish holiday on the subject of good faith in negotiations and the different types of businessmen negotiating transactions. The article was written by Yair Alon, Adv. of Afik & Co.

A landlord undertook to assist the tenant in obtaining a business license but later it became clear that zoning restrictions prevented the receipt of the business license and the tenant sought to be released from the contract. When does a commitment to assist become a commitment to achieve a result and when will liability attach […]

An article on the need to purchase an apartment or sell it, accompanied by an experienced lawyer, from a reputable firm and with satisfactory professional insurance coverage,

“Possession in nine tenth of the law”, but what happens when possession is given to a contractor performing a job for the owners of the property but later refuses to return it? Imagine a scenario where owners of apartments in an apartment building enter an agreement with a contractor for the purpose of doing construction […]

Lessees wished to rent an apartment in a condominium downtown but shortly after entering the apartment they started to notice severe moisture damage to the apartment’s ceiling. It turned out that the source of the moisture is a leak in the neighbor’s apartment. Can the tenants demand that the lessor fix the leak or demand […]

In the crazy days of Spring 2020, when it seems like the world is in the midst of a third world war where all nations are under the Corona virus attack, many business owners, especially those who operated in the dining and entertainment sectors, found themselves at the battlefront. Thus, while a Parisian café and […]

The main way of preventing financial disputes in spousal relationships, whether during the relationship or upon its termination, is by a prenuptial agreement. With a married couple Israeli law defines how such prenup may be created, but a question arises when a couple shares a household with no intention of getting married but it is […]

Although inheritance may sometimes be some economic consolation, which is of course minimize compared to the huge personal pain, the heirs are often forced to deal with a cold reality in the most painful era, dealing with the deceased creditors or liabilities, neglection of which may result in debt collection, foreclosure, fines, interest and so […]

It is said that every story has three sides: your side, my side, and the truth. Sometimes transactions also have three different sides/stories: the story written in the agreement, the story the parties actually intended to write, and the story that the Court later decides to be the real story. Like any good novel (especially […]

A winner of a tender was late by four days in one of the payments required to be made in order to consummate the win – is this a technical glitch or a material defect that may result in the cancellation of the winning in the tender? A decision given by the Israeli Supreme Court […]

Israeli Zoning Law provides a window of opportunity in the interim period between the date of publication of the bettering plan and the date of its entry into effect, 15 days after publication. With proper planning and a stroke of luck, one may sometimes be able to be spared from paying a betterment tax. The […]

In France, calling upon a notary is essential in a Real estate transaction. His role is to advise the parties to the transaction, draft the appropriate documentation and effect the transaction.  In Israel, the profession of notary as it is known in Europe does not exist (the role of the notary is limited to authentication […]

Alongside Bat Yam’s impressive opening scores, which include an attractive location, future union with the Tel Aviv municipality and sane prices, the city also shows signs of growth and renewal, which are reflected in an accelerated development of infrastructures, upgrading of the education system and flourishing of a diverse leisure culture. All these make Bat […]

Many erroneously believe that it is preferable to purchase a company’s activity in a transaction for company acquisition and not the corporate vehicle itself, thereby avoiding the risk of assuming company debts.  Because of this, many believe that it is possible to avoid transaction costs by a simple acquisition agreement without need for a comprehensive […]

In the relationship between a contractor and a client, both parties are undertake a series of risks as part of the engagement, but try to minimize such risks as much as possible. Generally, the client wishes to enter into a Pauschale (turn key) agreement and the contractor wishes to work on the basis of measurement. […]

The disparity of force between a contractor and a purchaser of a newly built apartment is reflected in the issue of the treatment of a delay in the tendering of the new apartment and is often strengthen because the purchases waive, for some reason, legal representation even though this is probably the largest deal the […]

A real estate transaction holds many risks. While the purchaser is often required to pay considerable sums to the seller as early as the execution of the contract and purchaser is left with no real security that the transaction will complete and that the seller will not sell the property to another. Thus, one of […]