Urban renewal
In recent years, there has been significant growth in the volume of real estate projects of the urban renewal type. The projects provide a huge advantage in the optimal utilization and improvement of rights in real estate, which is of the type found in the market: a "normal" residential apartment.
Urban renewal:
In recent years, there has been significant growth in the volume of real estate projects of the urban renewal type. The projects provide a huge advantage in the optimal utilization and improvement of rights in real estate, which is of the type found in the market: a "normal" residential apartment.
These projects are complex and include many levels, including tenants' rights, planning and licensing aspects, dealing with public and government bodies, levels of financing and taxation, and more. The vast experience accumulated in the firm during its years of operation allows dealing with the complexity of transactions in the field of urban renewal at all levels, in the highest quality and best, starting from the initiation and early planning stage, as well as assisting in selecting entrepreneurs, legal representation during negotiations For developers and contractors, our firm offers legal assistance with regard to banking support and financing of the project, legal support of the procedure in the various planning committees, negotiations with tenants and drafting agreements with them, support in the construction process, appropriate reports to the real estate tax authorities, amendment of the order concerning the registration of a condominium and more. Our firm also specializes in representing buyers of new apartments (contractor apartments) in urban renewal projects, and is alert, for their best interest, to the rights acquired, securing them, registering them and more.
Buying an apartment in an urban renewal project is not similar to buying an apartment from a contractor, or from a previous owner, and additional points, unique to such a purchase, must be taken into account.
The firm Josef Jeshurun & Co. has proven experience in following through and legally representing dozens of projects representing apartment owners, apartment buyers, developers and contractors, mainly in Haifa, Krayot and Acre. The department is headed by the partner, Adv. Oren Katz.
The skill and seniority acquired in our firm over the years, along with the firm's being up-to-date on all relevant information, lead to the management of transactions while maximizing their terms. The professionalism, experience and expertise of the lawyer handling the urban renewal deal are of paramount importance. Legal assistance is long-term and requires recognition of many and complex legal aspects, which require the lawyer to have a deep and quality knowledge of the field.