Under the Sale Law (Apartments), the purchaser of an apartment has a legal right to receive compensation from the contractor or developer in the event of a delay in delivery of the property. This right is a cogent provision,...more
5/11/2023
/ Actual Delivery ,
Contract Terms ,
General Contractors ,
Home Buyer ,
Housing Developers ,
Housing Market ,
Israel ,
Real Estate Transactions ,
Real Estate Transfers ,
Settlement Agreements ,
Waivers
As a result of skyrocketing housing prices in Israel, a number of major legislative amendments are being enacted to regulate pinui-binui (vacate-and-build) projects. The legislature announced that the purpose of these...more