Why is it important for an expert lawyer to accompany you from the first step?
A real estate sale transaction is one of the most significant financial decisions most people make in their lives. It involves an investment of hundreds of thousands, and sometimes millions, of shekels, which embodies complex legal, financial, and planning risks.
Many tend to think that a real estate transaction is a simple matter — buying, signing, and transferring ownership. In practice, the reality is far from it. A small mistake in one document or a clause that was not checked in time can cause serious financial damage and lengthy legal battles.
Therefore, the accompaniment of an experienced real estate lawyer from the very first stage is not only recommended – but essential. Adv. Shai Shalom, who specializes in real estate sales transactions, protects the client’s rights along the way and ensures that the transaction is carried out with complete confidence and transparency.
Checking the condition of the property – the basis for a safe transaction
Before signing a contract, it is necessary to perform a comprehensive legal examination of the property. A real estate lawyer checks the land registry extract and verifies who the registered owner is, whether there are any attachments, warning notes, unpaid mortgages, or rights of third parties.
This check also reveals whether the property is involved in enforcement proceedings, whether there are municipal tax debts or levies to the local authority, or whether the seller is in bankruptcy proceedings. Any such detail could turn a safe transaction into a problematic one – and therefore the lawyer is the one who makes sure that everything is clean, in order, and registrable.
Apartment sale contract – the document that protects your rights
An apartment or property sale contract is the heart of the transaction. Every word in it determines. While some buyers settle for a ״standard״ contract, Adv. Shai Shalom emphasizes that there is no such thing as a uniform contract.
Every transaction is different: every property, every seller, and every buyer bring different circumstances with them.
An experienced lawyer will draft a personalized contract that protects the client’s interests, accurately defines the terms of payment, delivery dates, and sanctions in case of breach.
He will ensure that the contract includes clear clauses to protect the buyer from delays, defects discovered after delivery, or the seller’s failure to meet his obligations.
Managing funds and collateral – protecting your money
Another key aspect of real estate transactions is proper management of transaction funds.
Adv. Shai Shalom manages the payments through a dedicated trust account, so that the money is transferred to the seller only after all the conditions stipulated in the contract have been met.
In addition, he coordinates with the banks the process of removing liens, takes care of deleting mortgages, and ensures that ownership passes to the buyer only after the property is free of any debt or obligation.
Without such professional management, the buyer may pay – but remain without real collateral.
Checking building permits and future plans
A real estate transaction is not just a contract and registration. It is important to ensure that the property was built in accordance withvalid building permits and that it complies with urban construction plans.
A real estate lawyer checks if there are building irregularities, illegal additions, or future plans in the area that could affect the value of the property – such as road widening, land rezoning, or nearby infrastructure projects.
This check prevents unpleasant surprises in the future, such as demolition orders or a decrease in the value of the purchased property.
Purchasing an apartment from a contractor – the importance of legal protection
When purchasing a new apartment from a contractor, even more meticulous legal support is required.
Adv. Shai Shalom checks the contractor’s financial situation, the existence of bank guarantees, and the timetables for completing the project.
He ensures that the contract includes fair compensation in case of delay in delivery, clear clauses regarding construction defects, and the contractor’s obligations after occupancy.
This prevents distress in cases of delays, defects, or promises that were not kept.
Taxation in real estate transactions – planning correctly and saving money
Every real estate transaction is also accompanied by a significant taxation aspect: purchase tax, capital gains tax, and sometimes also municipal levies.
An experienced real estate lawyer knows how to identify the legal options for reducing the tax liability, check eligibility for exemptions or concessions, and submit all the required reports to the tax authorities on time.
The advice at this stage can sometimes save tens of thousands of shekels – and also prevent mistakes that could delay the transaction or incur fines.
Registration of rights in the Land Registry Office
After the completion of the transaction, comes the critical stage of registering the rights in the Land Registry.
Adv. Shai Shalom handles all the necessary documents, ensures that all approvals have been received, and that there are no errors in the details that could delay the transfer.
He follows up until the end of the process and ensures that the property is registered in the buyer’s name in a proper and legal manner – so that the transaction is completed in a final and safe manner.
Real estate lawyer – the difference between a calm transaction and a dangerous transaction
Beyond the legal aspect, the accompaniment of a lawyer in a real estate transaction provides real security and peace of mind.
When the transaction is accompanied by an expert lawyer, the buyer or seller knows that every detail has been checked, every document has been examined, and every stage is carried out in accordance with the law.
In the event of a future dispute, they have orderly documents and a lawyer who knows the details of the transaction in depth and can protect their rights quickly and efficiently.
Summary – a real estate transaction is only done with an experienced real estate lawyer
A real estate sale transaction is not just another bureaucratic action – but a complex process that requires skill, experience, and a deep understanding of the law.
The accompaniment of an experienced real estate lawyer like Adv. Shai Shalom ensures that the transaction is carried out in a safe, legal, and transparent manner, while fully protecting your interests.
The investment in professional legal support is the best protection for your property and capital – a decision that provides security and peace of mind along the way.
Adv. Shai Shalom – expert in real estate transactions
Accompanies buyers and sellers in real estate transactions of all types, from the initial checks to the final registration of ownership.
For an initial consultation and transaction review, you can easily contact us through the website or by phone listed on the contact page.
The above is general information only and does not constitute legal advice.
