Investing in real estate on Israeli soil is promising and profitable. Many US citizens are now investing in real estate in Israel to benefit from the opportunities there. However, Israeli real estate
is fraught with risks and complications; especially because investors
are unaware of the laws of the foreign land. It is for this reason that
it is advisable to hire an experienced lawyer like the ones at Aharoni
Law firm to assist and guide investors through the real estate buying
process.
Role of Lawyers
Here’s what the lawyers at Aharoni law firm do for investors interested in buying real estate in Israel.
- The buying process varies according to the real estate to be purchased in Israel. The lawyer helps investors to understand the process and complete all the essential stages.
- The lawyer conducts a title search to understand whether the seller possesses a title to sell the property.
- The lawyer also ensures if the property has all the required permits and is not illegal.
- Since Israel does not have title insurance, it is the complete responsibility of the lawyers to conduct a title search and check the genuineness of the seller.
- The lawyer also ensures whether the property is free from debts like mortgages.
- The lawyer assists in registering and transferring property rights to the buyer.
- The lawyer assists in completing the paperwork related to the purchase of real estate in Israel.
- They represent the buyer in Israeli courts for any disputes related to land, rights and ownership
- They also provide legal representation services for Israeli taxation.
So,
if you too wish to benefit from the promising real estate market in
Israel, first hire the expert lawyers at Aharoni law firm and then take
your next step ahead.
For further details, contact them at aharonilaw.com