The global real estate market grows more each day, and investors and businesses increasingly seek opportunities beyond their borders. These cross-border transactions promise significant benefits, especially when guided by an experienced professional. For those looking to buy or invest in property in Israel or understand the dynamic local market, teaming up with a local Hebrew-speaking lawyer is the smartest choice. This is where the experienced legal team at Aharoni Law Office comes into play, offering invaluable support through our deep understanding of Israeli real estate laws and regulations.
What Does An Israeli Real Estate Lawyer Do?
Buying Property In Israel
There are a few steps to complete when an investor wants to buy a property in Israel, and we are here to make the whole process easier for you! The real estate lawyer conducts due diligence, verifying the property’s legal status, ensuring no encumbrances or outstanding taxes, and navigating ownership structures like private, state, or Jewish National Fund-owned (JNF), MMI land. Your lawyer should handle negotiating and reviewing the purchase agreement. Then, the real estate lawyer arranges for secure transfers, possibly utilizing trust accounts or escrow arrangements to safeguard funds until all contractual obligations are met. The property registration at the Israel Land Registry is the final step to be completed.
Selling Israeli Inherited Property
Our team at Aharoni Law Offices are experts in navigating through the process of Israeli Inheritance Law, Succession, and Israeli Probate Procedures. To sell ownership of inherited property in Israel to your name you must follow a procedure that includes navigating the Israeli judicial system and registering the property with the Land Registry. This procedure includes obtaining an Israeli probate order, registration of the property, and transferring the ownership of the property to the new owner.
Locating Inherited Israeli Property
Most of the heirs don’t have any information on the inherited abandoned property or estate in Israel. Locating inherited property in Israel involves several key steps. The process begins by gathering all relevant documentation, such as wills, probate records, and any family history that pertains to the inheritance. Utilizing municipal archives, property registries, and historical records can further aid in tracing the property’s location. Engaging a local Israeli lawyer who specializes in inheritance and property law is crucial, as they can help navigate the legal system and search official records to confirm ownership.
Evaluation of Properties
Evaluation of the property by a law firm is highly recommended before entering into any real estate transaction in Israel to ensure the protection of property rights in Israel. Your lawyer should verify that the property is legally recognized as belonging to the person who claims ownership. The certification process thoroughly examines the property’s history. Your lawyer should also investigate the estimated value of the property and other qualifications before making any further investment.
Reclaiming Israeli Assets or Unclaimed Property
There are thousands of unclaimed real estate assets in Israel. Some of these properties were owned by Jewish Holocaust victims who invested in Israel either before or after its establishment; others belong to individuals or their heirs who reside in other parts of the world. These dormant, abandoned assets encompass land, developed real estate, bank accounts, stocks, and bonds. We specialize in reclaiming abandoned or dormant property and financial assets in Israel and are ready to guide you through the whole process by using our deep knowledge of Israeli probate, succession, and real estate law to handle every aspect of their case, from establishing ownership rights to selling the property.
Why Should You Be Represented By An Israeli Lawyer?
Hiring a dual-speaking (native Hebrew and fluent English) real estate lawyer who has years of hands-on experience in real estate law would play the most crucial role in navigating through Israel’s legal landscape. There are many answers to the question “Why should you be represented by an experienced Israeli lawyer?” Well, first of all, an experienced Israeli lawyer is an expert on the Israeli legal system, well-informed in its laws and regulations. This type of experience will make the whole process smoother and faster for you. An Israeli real estate attorney will guide you through the legal process of purchasing, selling, or evaluating properties in Israel, making sure you understand each step clearly and protect your rights during the process with ease.
Read More: Why You Should Be Represented by an Israeli Lawyer in the United States
Contact Aharoni Law Firm for a Complimentary Consultation
Our expert team of Israeli lawyers specializes in offering guidance on property and estate claims in Israel. With over two decades of combined experience in Israeli law and real estate, we possess the expertise necessary to navigate through buying a property in Israel, selling a property in Israel, reclaiming unclaimed property, evaluating a property, and solving inheritance and property disputes effectively. Our proven track record includes successfully representing international clients and delivering exceptional results just tailored to their needs. For all your legal matters, attorney Rahav Aharoni and his team are ready to help you immediately! Please contact us, and let us solve your case!
