Caselaw

Appeals Committee (Haifa) 26310-08-21 Ashdar Construction Company Ltd. v. Haifa Real Estate Taxation Administration - part 116

February 5, 2026
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A:        Okay,

Q:        Now let's say the developer says to himself – what do I need this thing, the market is boiling now, the prices are raging and I don't really want to sell to that winner, I don't really want to sell the apartment to him, instead I will decide not to sell the apartment and I will keep the apartment with me, let's say 10 years, 20 years, we will rent it out in the meantime or maybe instead of renting it out he will let some relative of his/her live in it in the meantime or he will rent it and get rent, The market is really raging now, we'll wait 10 years, 20 years, and then I'll decide what to do with it.  Let's say that's the situation, that's how Ashdar, the CEO, says to itself, that's how he decides, is it in your understanding as someone who accompanies the tender and the contracts, Do you understand that she can do this thing, is she allowed to make this decision?

A:        Look, she entered into a tender whose terms are very clear, she received land with rights, land at a very low price in order to realize the goal of the Mehir LaMishtaken project, in my understanding it cannot do such a thing because the whole purpose of the Mehir LaMishtaken is to build apartments, to give at a cheap price to those eligible from the Ministry of Construction and Housing, of course there are sanctions in the terms of the tender and also in the contracts that it stamps,

Q:        Yes,

A:        There are guarantees, there are fines, there are 450,000 shekels in fines for each unit, there are a lot of conditions that are put in place, as if to threaten her during the process, like,

Q:        - By the way, you've come across all the histo once.

A:        In such an extreme case,

Q:        In such an extreme case, yes, as I depict.

A:        Nope.  We have never encountered such an extreme case.

Q:        Now, let's say that, God forbid, I really hope there won't be such an experience But that cheeky company decided anyway that this is what it does, the Ministry of Construction and Housing, the control company turns to him and tells him - Okay, 14 days have passed, they ask you to sign, sign the contract with the happy winner and say "I will broadcast", she submits an official answer - we are sorry, we decided not to, we decided that we will leave the land with us for another 20 years, what...  What will the state do in such a case??

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