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In the absence of a written document in a real estate transaction, the official recording prevails over oral agreements
Real estate in Israel and around the world
Dispute Resolution
Following a family dispute, a father moved to evict his son from a residential apartment in his ownership after the son and his family resided in the property for years without payment of consideration and without a written agreement. The Court granted the eviction claim. A commitment to grant a gift in real estate is […]
Mutual transfer of rights between relatives in a partition of property is not a “transfer without consideration” and may trigger a betterment levy
Real estate in Israel and around the world
Taxation and Government Incentives and Funding
Dispute Resolution
A brother and sister, who received three apartments from their father as a gift and recorded them under joint ownership, signed a partition agreement. Under the agreement, they transferred rights to one another to establish exclusive ownership of each apartment (“distribution in kind”), but refused to pay a betterment levy, contending that the transfer was […]
Withdrawing a bid after being declared the winner may grant the tender committee the authority to forfeit the bid guarantee
Public Law, Elections Law and Tenders
Dispute Resolution
A bidder that won an Israel Land Authority tender for a lease of a plot withdrew its bid, contending that essential information regarding the scope of building rights had been concealed. The tender committee forfeited ILS 400,000 of the bid guarantee (approximately 25% of the total guarantee). The Court rejected the petition and held that […]
Contractual liquidated damages that are above 10-15% of the contract value may not be enforced
Commercial, Banking and Financial
Real estate in Israel and around the world
Dispute Resolution
A Seller of rights in a plot (acquired from a receiver) undertook to complete the recording of the rights in his name within 40 days but the recording was affected only after six years. The purchasers demanded the full liquidated damages stipulated in the contract (ILS 150,000), which constituted approximately 28% of the transaction value. […]