Published in Afik News 106 18.07.2012
Related articles
A significant delay in the delivery of an apartment may justify the cancellation of the purchase agreement and the realization of the Sale Law guarantee
Real estate in Israel and around the world
Dispute Resolution
Two families purchased apartments from a developer. After the developer ran into financial difficulties and a receiver was appointed to complete the project, they sought to cancel the purchase agreement and forfeit the Sale Law guarantees in their possession due to a significant delay in delivery and given the fact that they can no longer […]
A seller who conceals material information regarding a property may be liable to compensate the purchaser for resulting delays and expenses
Real estate in Israel and around the world
Dispute Resolution
Purchasers entered into a transaction to acquire real estate for the establishment of a gas station based on a presented building permit, but in practice the seller agreed with the authorities to postpone a required environmental soil survey without disclosing this upon the execution of the transaction, resulting in construction delays and the purchasers bearing […]
Depriving the tenant of an option without a real intention to sell the property is an abuse of a contractual right
Real estate in Israel and around the world
Dispute Resolution
Landlords notified the tenants of the termination of the lease and prevented them from exercising an option, contending that they intended to sell the apartment. In practice, the apartment was not sold but was rented to others at higher rents, and the tenants were forced to rent another apartment at a higher price. The Court […]
The Land Registry reflects the status of rights in full and its amendment will be permitted only in exceptional cases
Real estate in Israel and around the world
Dispute Resolution
The heirs of a person who purchased a small part of a plot claimed ownership of its remainder by virtue of an oral agreement, while a later purchaser bought this part, paid full consideration and recorded it in the Land Registry. The Court dismissed the claim and held that the existing recording in the Land […]