Purchase Groups
השירותים שלנו
Close and Reliable Representation — From the First Stage Through to Registration in the Buyers' Names
A purchase group is a group of buyers who jointly purchase land and build apartments for themselves — often at a lower cost than buying from a developer. However, without a developer managing the process, the legal and financial complexity is significant. Professional representation is essential.
Purchase groups are popular with overseas investors and new immigrants entering the Israeli market. For international participants, the risks are heightened — financial flows, group decisions, and construction progress all require careful legal oversight and remote participation without on-the-ground representation is a serious risk.
Our firm specializes in purchase group representation — protecting buyers’ rights, overseeing trust account management, and providing legal guidance at every project stage.
What Does Legal Representation Include?
- Clear explanation from the very first stage — Guiding clients in understanding the process, details possible risks, and assists in making sound decisions — all in plain, accessible English.
- Drafting clear legal agreements — Agreements that define the responsibilities of each participant, group decision-making, exit options, and mutual protection throughout the process.
- Secure trust account management — Opening and managing a dedicated trust account for the purchase funds, under ongoing legal supervision, to ensure the funds are used correctly and safely.
- Ongoing legal oversight through to project completion — Legal representation throughout all stages of the project — from land purchase, through construction progress and finally with registration of the apartments in the buyers’ names at the Land Registry (Tabu).
- Review of tax implications and advance planning — Our firm examines the tax implications (such as Purchase Tax, Capital Gains Tax, and levies) and provides initial consultation in cooperation with accountants and tax advisors.
A purchase group requires coordination with tax authorities, planning bodies, appraisers, lenders, management companies, and brokers. The firm manages all of these relationships, reviews documents at critical junctures, and ensures the project advances efficiently and safely.
Without a developer to manage the process, legal representation is the critical anchor of the project. The firm ensures all parties meet their obligations and that buyers’ rights are protected at every stage.