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Did Your Parents Ever Help You Out?

by Tzvi Szajnbrum, Attorney at Law and Notary | Jan 14, 2012 | Family Law, Marriage & Divorce, Real Estate

Have you heard about “parents helping out their children” – A gift from the parents and The Real Estate law in Israel

Understanding Apartment Insurance Policies

by Tzvi Szajnbrum, Attorney at Law and Notary | Dec 17, 2011 | Insurance, Real Estate

Because many olim don’t understand the differences between homeowners/renters insurance policies in their land of birth vs. those in Israel, I have obtained this Home Insurance in Israel Guide in English from Clal Insurance Co. Ltd. to share with you. In it you...

Real Estate Memorandum “Zikron Devarim”

by Tzvi Szajnbrum, Attorney at Law and Notary | Jun 4, 2011 | Real Estate

Why do you need one? The answer is simple: You do not need one, you should not sign one! Refrain from having any kind of memorandum in a real estate deal. What is the purpose of a memorandum? The memorandum’s purpose is to draw an outline of a future transaction...

Who is the Rightful Property Owner?

by Tzvi Szajnbrum, Attorney at Law and Notary | Mar 19, 2011 | Real Estate

Does This Property Belong to Me or to Us All? A True Case Mr. Smith knew he was in trouble. Therefore he decided to “solve” his serious financial crisis in a very peculiar way. He decided to sell his apartment; not only to one person but to a few people...

Rental Contracts (Lease) – Part II

by Tzvi Szajnbrum, Attorney at Law and Notary | Mar 12, 2011 | Real Estate, Rental Issues

Protected Tenant Law Clause The first paragraph you will certainly see in a contract is “Protected Tenant Law Clause” referring to an old law whereby tenants, under certain circumstances, received special rights in that they could (with a high probability) not be made...

Mortgage Guarantors & Default

by Tzvi Szajnbrum, Attorney at Law and Notary | Feb 5, 2011 | Bankruptcy and Debts (Otsaa La Foal), Debts, Bankruptcy and Finances, Real Estate

What happens to a mortgage guarantor when the borrower defaults on the loan? Read about the true case…

Registering a Caution Note

by Tzvi Szajnbrum, Attorney at Law and Notary | Feb 4, 2010 | Debts, Bankruptcy and Finances, Real Estate

  More about Costs, Fees and Taxes When Purchasing Real Estate “He`arat Azhara” – Caution Note Registering a Caution Note is the first legal action after signing a purchase contract. It is generally, but not always, done in the Land Registration...

Israeli Home Insurance

by Tzvi Szajnbrum, Attorney at Law and Notary | Dec 27, 2009 | Insurance, Real Estate

  The purpose of this introduction is to give you a general idea of the various types of coverage available. Because most home insurance policies are in Hebrew, it is very difficult for new olim, whose grasp of the Hebrew language is usually lacking, to...

Mortgages in Israel

by Tzvi Szajnbrum, Attorney at Law and Notary | Dec 27, 2009 | Banking, Insurance, Real Estate

  Unless you are very rich and have a lot of cash on hand, buying real estate in Israel will almost always involve a mortgage1. If you have any other way to finance a real estate purchase, I strongly advise you to do so and thereby save yourself a “small...

Purchasing Real Estate in Israel

by Tzvi Szajnbrum, Attorney at Law and Notary | Dec 27, 2009 | Real Estate

  This is the most complicated subject I am dealing with in this site. My advice is simple: You should never ever get involved in a Real Estate deal without a lawyer! Here are a few important points to consider when acquiring either a new property first-hand from...
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