In order to protect the value of the apartments, the following transactions regarding the apartments and the portions of the common property belonging to them will be subject to the following conditions:
- Transfer subject to approval - the apartment owner shall not transfer his apartment and his share of the common property, or an interest in it, in the sale, delivery, or lease or in a sale or lease agreement or any other, to any person, without the approval of the Representative; provided that no approval will be required if the sale or lease was executed as part of a sale or lease agreement approved by the Representative.
- Approval by the Representative Office - the approval by the Representative Office or a person appointed by it for the transactions referred to in Section XVII (a) above shall be obtained as follows:
- Notice to the Representative Office - Any apartment owner who intends to sell, deliver or lease or enter into a contract for the sale or lease of his apartment and his share of the common property shall notify the representative office of his intentions, together with the name and address of the intended purchaser, a copy of the proposed sale, delivery, or lease or the agreement relating thereto, and other information as may reasonably be required by the representative office. The validity of the sale, lease, delivery or agreement for sale or lease is subject to the consent of the representative office. Furthermore, the apartment owner will undertake to the representative office that the sale or lease is in good faith and is not offered to the permanent citizens or residents of Israel, and will present his intention to offer a sale, lease, delivery or agreement for sale or lease to the representative office under the same terms as appear in the sale, lease, delivery or agreement for sale or lease.
- Failure to Give Notice - If such notice has not been given to the Representative Office, then at any time after learning of the sale, delivery, agreement for sale, lease or lease agreement, the Representative Office may approve or disapprove the transaction in the manner specified herein, and if it is approved, it will take effect.
- Representative Decision - In the case of all proposed transactions mentioned in Section XVII (a) above, the Representative Office must approve or disapprove the transaction within thirty days after receiving notice of the proposed transaction.
- Approval - If the representative office approves the proposed transaction, it will notify the apartment owner accordingly within the said thirty-day period. In doing so, the representative office will sign and provide this representative with a confirmation of its consent to the proposed transaction. The approval can be attached to any document submitted to the representative office for this purpose.
- Lack of Approval - If the Representative Office does not approve the proposed transaction, then it will notify the apartment owner or the interested party in the apartment of its refusal to approve the transaction and its choice to purchase the apartment or this matter or to lease (or cause the apartment to be leased by a person you specify) under the same terms as were included in the offer of sale, transfer, sale agreement, lease or lease agreement. The notice will be given within thirty days after the representative office becomes aware of the proposed transaction. Unless the sale, transfer, sale agreement, lease or lease agreement contradicts this, the transaction will be closed within thirty days after the representative office's notice, and will be completed by the apartment owner who will deliver a title deed of the apartment to the representative office, subject to the law.
Ottoman Settlement [Old Version] 19164. Defendants 2-3 - defined in the proceeding "Formal Defendants" (See also the statement of their counsel of September 19,2022) - are the owners of the rights to two housing units of the "Non-Pol", which were consolidated into one apartment (hereinafter we will refer to defendants 2-3): Sellers, and the apartment: Property). Signed on July 7,2021 Between the plaintiff and the sellers a document entitled "Memorandum of Understanding and seriousness about buying an apartment". The purpose of the document is to purchase the rights in the property, while noting that the approval of the house's representative is required. The memorandum does not specify the price to be paid for the property. per day 77.2021 The plaintiff signed Also About Document "Buyer's Statement", Overall Personal details and statement In the matter Awareness Terms & Restrictions. The plaintiff said This document To the defendant's representatives, In conjunction with Copy of The Memory of the Things. The next day (July 8,2021) A meeting was held in the hotel lobby (hereinafter: The Meeting), in which they took part The plaintiff, Office Manager, And two of the hotel's staff: מר Enlightened Chen, who serves as CEO"L, Friend The representative of the condominium and a member of the defendant's board of directors (hereinafter: Mr. Chen); and Mrs. Esther Muller, also a member of The Board of Directors (hereinafter: Mrs. Muller). Also present at the meeting was Mr. Marcello Incellini, who provided brokerage services to the plaintiff and the sellers (hereinafter: The Broker). The Plaintiff describes this meeting as a kind of "admissions committee", in which, according to him, irrelevant questions were asked in a contradictory tone. The Defendant Masada claims that the plaintiff was not summoned to a meeting but came to the hotel by surprise, and that during the conversation it became clear that he Designates Property For a family vacation and not for a permanent residence (Even though it is an apartment "Non-Pol"). More Claims The Defendant that the plaintiff denied her authority, raised his voice and announced, among other things, that he wanted to replace the carpet in the corridor of the floor where the property is located. According to the defendant, her representatives explained to the plaintiff about the restrictions that apply, and the latter left the hotel angrily, while declaring that he did not want to purchase the property.