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NITSY LAVENDA
LAW FIRM & NOTARY
נצחיה ניצי לבנדה
משרד עו״ד ונוטריון
Nitsy Lavenda - Legal Firm and Notary Since 1989
Real Estate Law
Urban Redevelopment, TAMA 38 and Evacuation/Building Projects
Wills and Probate
Consultation in Civil and Commercial Law
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We are happy and proud to announce that our office was selected as a leading office according to the 2021 Urban Renewal Index
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Real Estate Law
נדל״ן
We pride ourselves on paying attention to small details,
protecting the client’s rights, and simplifying complex processes.
The firm specializes in diverse real estate transactions including purchasing groups and combination transactions. The firm has many years of experience representing private clients in purchasing, selling, or renting properties. Regardless of whether the property is new or second-hand, whether it is an apartment, a private house, or a plot of land, our office helps clients focus on the essential details of the transaction.
Preliminary Examination
One of the important parameters in examining any transaction is the jurisdiction responsible for the registration of rights. A property whose ownership rights are registered with the Israel Land Registry (‘Tabo’) is different from property whose lease rights are registered with the Israel Land Administration.
In addition, the nature of the property is of great importance. For example, with a condominium, we verify there is a match between the condominium in its current condition, versus its registration on the original condominium plan. On the other hand, for a private house registered with other houses on the same plot, we verify the existence and registration of a co-ownership agreement, which is similar to land owned by several parties.
Finance Management
Since the purchase of a property is one of the largest and most significant transactions in a client's life, the firm examines, together with the client, all the transaction costs and financing options available. In examining the costs, the purchase tax liability is considered, because the goal is to make the right transaction for the customer, while taking advantage of any potential tax relief available.
In addition, the firm accompanies the client in the process of securing a mortgage - or closing / transferring a mortgage, and helps the client change the payment dates most appropriate to the client’s needs. In order to protect a customer who purchases a property from a contractor, the firm ensures that the customer receives a bank guarantee or insurance policy from the contractor in accordance with the law for each payment made.
Negotiations
Proper negotiation can only be carried out by understanding the transaction and the customer's needs; both legal and commercial.
The firm focuses on the most important issues for its clients. Since we also represent developers who sell new properties, we have the advantage of understanding the critical issues. As such, we can effectively advise clients who want to purchase a new apartment, to say nothing about second-hand apartment transactions, that are typically less complex.
Effective negotiations that serve the client's interest can only be carried out by an attorney who specializes in the field and has extensive experience in the profession.
Acquisition of Property
The firm accompanies the client until they obtain ownership of a property, ensuring sufficient funds are available to guarantee the completion of the transaction. The firm ensures property rights are registered in the name of the client.
When purchasing a new apartment from a contractor, the firm instructs the client regarding the registration of a delivery protocol in order to ensure that the contractor corrects any defects, as required by law. In addition, since it is not possible to register the property in the client's name until completion of the full payment, the firm verifies that the client's rights are guaranteed by registering a ‘warning note’ prior to relinquishing the security or the contractor’s insurance policy.
Urban Redevelopment
עירונית
The firm provides legal assistance to developers and landowners who carry out real estate projects, with an emphasis on urban redevelopment and evacuation/construction projects ("pinui-binui").
The firm is currently accompanying dozens of urban redevelopment projects within the framework of TAMA 38 and Evacuation/Construction, until their completion and registration with the Israel Land Registry (‘Tabo’).
Over the years, the Law Office of Nitsy Lavenda has built a stellar professional reputation in the field of urban redevelopment throughout Israel; particularly in the Central, Sharon, and Jerusalem regions.
The firm works in collaboration with leading developers and professionals in the field, and it has registered dozens of successfully completed projects.
Over the years, the firm has gained extensive practical experience and knowledge in everything urban redevelopment, specifically related to the legal aspects of planning and finance.
The firm accompanies urban redevelopment transactions from the initial tender stage for the selection of a developer, through negotiations to conclude an agreement, until the completion of the transaction through registration.
Starting with the tenants' consent, the firm works tirelessly for successful project completion, according to the following milestones:
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Preliminary examination of project feasibility
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Effective negotiation to formulate a binding agreement
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Conducting and drafting agreements with public housing companies
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Publicizing evacuation/construction project sites
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Suing defiant tenants
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Planning procedures
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Real estate taxation
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Bank and/or alternative financing
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Contractor agreements
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Sold apartments
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‘Joint house’ registration
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Tenant securities
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Settlement and mediation of conflicts
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