A real estate transaction – whether it is the purchase of an apartment from a contractor, second hand or land – is one of the largest and most significant transactions in human life.
Therefore, the "Due Diligence" tests are a critical stage that cannot be skipped. These tests protect the buyer from risks, prevent surprises in the future, and allow for informed negotiations with the seller.
Adv. Karin Amsalem, who specializes in real estate law and complex transaction management, advises buyers and investors in performing all the necessary tests – from the first stage to the receipt of the key.
In Israel, there is no "buy as it is" model in real estate transactions. The law imposes on the seller disclosure duties, but the responsibility lies also – and perhaps mainly – with the buyer to understand what exactly he is buying.
A thorough test saves:
Simply put: a good deal starts with full information.
The following are the five main areas of examination that each purchaser must know – and each one is examined in depth before each transaction.
A test of the Land Registry extract reveals:
In cases of an apartment that is not registered with the Israeli Land Registry (e.g., registration at a mortgage company or administration), additional and more complex tests are required.
One of the most important tests:
Is the property legally built? Are there any exceptions that can make the purchaser an accomplice to a criminal offense?
Comprehensive planning examination includes:
Any small change – from a service room to the closing of a balcony – must be a match to the license.
Before purchasing a property, make sure:
Proper legal guidance allows the transaction to be planned to be as cost-effective as possible in terms of taxes.
Even if the property looks excellent with an unprofessional eye, hidden deficiencies can cost tens of thousands of shekels.
Therefore, it is recommended to perform:
A home inspection report also serves as an excellent tool in negotiating with the seller.
It is important to understand who is on your side:
Trust in the seller and the status of the rights is part of the transaction promise.
After the completion of all the tests, it is possible to move to the draft phase, negotiating and adjusting the contract in accordance with the findings.
Wherever risk is discovered, Karin translates it into a clear contractual requirement: agreed compensation, obligations, security, etc.
The result: a contract that protects the client at maximum.
Preliminary testing is not an "extra" – it is a basic condition for a safe, transparent and smart real estate transaction.
Professional legal support already in the first stage makes it possible to make an established decision, prevent costly mistakes, and ensure that the purchase is carried out smoothly and safely.
Adv. Karin Amsalem advises buyers, sellers and investors at all stages of the transaction – from the initial checks to the registration of the rights and the completion of the transaction.
When an asset is intended to operate a business, checking the rights alone is not enough; it is also important to check who is subject to licensing and adjustments. SeeWho is responsible for a commercial property permit.
An article provides a framework. A sound decision requires reviewing the facts, documents and specific risks before moving forward.
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I contacted Karen just to figure out whether it was worth selling a piece of land we inherited or keeping it. She sat down with me and explained the whole picture – rights, taxation, what can be done in the future. She didn’t try to push in a certain direction, and that was the most important thing to me.
Karin Amsalem, a professional and thorough attorney of the highest level! Represented us in the process of selling a plot of land that we won in a tender. This is a complex process that includes registering lease rights in the Land Registry, payments to the Land Registry such as consent fees, refunding subsidies for housing and construction, as well as handling the appreciation tax, which includes many expenses. Karin managed the entire process with professionalism, accuracy and attention to detail, while fully protecting our interests as sellers. Throughout the entire process, we felt that we had someone to trust. Highly recommend her!
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