Law Firm

Even if it seems that real estate transactions are distant from you, each and every one of us signs a real estate deal at some point in his life. After all, renting an apartment is fundamentally a real estate transaction. Even if you are not a major investor, it is advisable to know a few things about real estate law in general, and about a real estate attorney in particular. What does a real estate law attorney do? What does he advise on? All the details are in the article below.

Real Estate Law

When you encounter the term “real estate law,” be aware that it involves more than just the division of land among investors. Primarily, it pertains to structures built on these lands. The guiding law in this field is the Israeli Real Estate Act of 1969, which fundamentally underpins all issues in the field. It generally defines the term “real estate”, whether it’s ownership of properties, clarification of registration procedures, land partnerships, and also issues related to taxes such as real estate taxation, real estate planning, and land compromises. The law also deals with the registration of rights within the land registry. There are many statutes that are not the Real Estate Law, but are directly related to real estate law, such as the Real Estate Taxation Act 5733-1963, the Tenant Protection Act 5731-1972, the Sales’ Act 5728-1968, and the Planning and Building Act 5725-1965. Each statute focuses on other aspects related to real estate law. According to Dunietz & Co. Law Firm, the role of a real estate attorney includes several areas and disciplines, whether it’s real estate, lands, registrations of different types of rights, and other bureaucracies related to the field. In essence, it also includes the land itself, namely, the land area itself, and everything connected to the land directly or indirectly.

So, what are the duties of a real estate law attorney?

A lawyer, especially a real estate attorney, is a particularly required role. There are many details in real estate transactions, or in matters of rights’ registration, and generally, in all areas of real estate, that someone who does not absolutely understand and is not involved in the field, will not be able to carry out the job. There are countries, due to the complexity of real estate transactions, that have mandated the presence of a lawyer or notary in such transactions. In Israel, there is no legal obligation to bring a real estate lawyer to sign a real estate transaction contract, but undoubtedly, a negotiation involving a professional real estate lawyer is not the same as one that does not involve such a lawyer.

Property Inspection

One of the main duties of the attorney is the property’s inspection. Whether you are renting an apartment, buying a plot for self-construction, agricultural land, or even an apartment in a multi-story building. You need to thoroughly check the property. See that it has no liens, no warning note in the land registry, that it belongs to someone or state restrictions of transaction, and actually verify that no other unknown or undisclosed actions were performed on it. All these inspections are naturally performed by the attorney.

Attorney in Negotiation

Any lawyer will tell you, that the negotiation for purchasing the property is the most important part of the transaction. When drawing a real estate contract draft, there are such small details and nuances, that only an expert real estate attorney will be able to identify and faithfully represent you in drafting such a contract. Every point or comma out of place, or just an additional percentage point calculation, can turn a deal that was initially excellent for you, into a failed transaction. That is exactly why you need a Real Estate Attorney to represent your interests during the negotiation. This representation occurs both in oral negotiation and later, during the review of the drafts leading up to the signing.

Document Production

When you purchase property, or want to register rights to a specific property, there are many documents that you must submit to the appropriate authorities. Whether it’s the contract itself, appendices, checks about the property, and additional approvals that you must attach. One of the roles of the attorney is the production of documents, organizing them, and ensuring they are available and accessible. Dunietz & Co. Law Firm will tell you, that accompanying the production of documents happens together with the client, so that no critical and important document for the deal itself is missed.

Proficiency in Rulings and Legislation

Often, in complex real estate transactions, legal questions arise. A professional and experienced attorney knows exactly what the relevant updates are in the rulings concerning the legal issue at hand. He will make the connection between the law and the rulings, so you will know exactly what the appropriate law is, and of course, how it serves you, his clients. A professional attorney will also have sufficient knowledge to understand what also endangers his client’s interests, and how to avoid such risks.

In summary, Dunietz & Co. Law Firm, is a firm that specializes and is skilled in entire aspects of the Israeli real estate law, among other things. One of the main parameters in choosing the appropriate law firm is the experience and professionalism of that firm. Dunietz & Co. Law Firm, is exactly what you need. With a deep understanding of the small nuances of real estate law, impressive proficiency in the most current rulings, and of course the ability to represent your interests in the best way possible. A real estate attorney also needs to be accessible to clients, while managing to make them trust and have confidence in him. In the firm, they know exactly how to earn your trust, and of course, give you the peace of mind that you are in good hands during the property purchase.