Purchasing rights to real-estate property requires special attention to the registration manner, specifically, whether the seller has ownership rights, or long-term lease rights. Contrary to popular opinion, long-term lease rights can materially differ from ownership rights. For example, long-term lease rights are materially different according to the lessor’s identity. Rights to a property leased from the Israel Land Authority (formerly, Israel Land Administration) are materially different in almost every aspect compared to leasing rights from other entities such as municipalities, churches, private entities, etc. These aspects usually have substantial financial implications.
We are here to help you understand the meaning of the rights to the land, whether as a seller or as a potential buyer, so that you fully understand the legal implications of the potential transaction .