Navigating your home purchase in Israel

For many of our clients, purchasing a home in Israel is truly a dream come true. However, the buying process can be complex and differs significantly from other Western countries. To navigate this process smoothly and securely, Cohen Segelov Advocates recommend seeking legal advice from the very beginning. In a real estate transaction, your lawyer should: • Examine the legal status and chain of ownership of the property • Verify the property’s registration status • Review zoning regulations and, if necessary, obtain a land appraiser’s opinion • Assess taxation implications based on your personal status • Negotiate payment terms and key conditions of the purchase • Carefully review the sale agreement • Ensure proper transfer or financing of the purchase funds • Calculate applicable taxes (foreign resident, new immigrant, returning resident, etc.) • Handle tax payments • Register a cautionary note (He’arat Azhara) in your name after signing • Oversee the handover of the property upon full payment • Ensure the property is officially registered in your name If you do not speak Hebrew, Cohen Segelov Advocates will translate the contract into English and explain its contents clearly and thoroughly. 📞 972-3-613-4244🌐 www.cslawyers.co.il