A stalled transaction often begins with a risk that could have been identified
The price, timetable and property may appear clear until an outdated charge, unauthorised construction, municipal debt or an exit clause comes to light. By then, the agreement may already be signed and a deposit paid.
A sale agreement allocates risk between the parties. Careful drafting and review determine where that risk ultimately falls.
Matters we regularly encounter
A purchaser pays a deposit and discovers an encumbrance.
A delayed payment disrupts the seller’s chain of transactions.
A party withdraws, leaving a dispute over compensation.
Unresolved registration, housing-company rights or competing cautionary notes.
The scope of our representation
Legal due diligence
Title registration, charges, cautionary notes, planning rights, irregular construction and municipal or building-management debts.
Drafting and reviewing the agreement
Payment schedules, possession dates, agreed damages, termination provisions and responsibility for defects.
Payment safeguards
Cautionary notes, escrow arrangements and payments linked to registration milestones.
Bank and housing-company coordination
Release of charges, mortgage arrangements and required approvals.
Reporting and taxation
Statutory reporting to the Israel Tax Authority, with tax-adviser coordination where required.
Possession and registration
Representation until the purchaser’s title is registered.
From assessment to completion
Initial assessment
Review the documents, title and property.
Strategy development
Tailor protective provisions to the transaction.
Representation & action
Put payment safeguards in place.
A point worth understanding
A cautionary note records an existing commitment to the purchaser in the property register. It is an important safeguard, though no substitute for comprehensive due diligence. Its absence should be examined before funds are transferred.
Property Sale Agreements
Articles & Insights
Practical questions, considerations and a wider perspective
Competing Property Transactions & Priority