MVC

Daily Dose of Legal Info!
Why you should be aware of the exact legal position…Governments and local authorities often appropriate private lands or cause them to be transferred to the public domain, and then change their zoning in order to facilitate some public use. However, there is a significant difference in the outcome of such actions, for instance when the zoning is then reversed to its original status (a matter discussed in a judgment from the last few days in CiC (Tel Aviv District) 33008-09-13 Dan Public Transportation Company Ltd. v. the Tel Aviv Local planning and Building Committee). Well… If the land is appropriated or the owner is coerced into selling it, then upon reversion to the original zoning, the owner has the right to receive the land back. If the transfer was voluntary, that right does not apply.
When going to a real estate transaction, even one forced on you, you should have an attorney who knows how to cope with the fine print.
We, at MVCE, have both Israeli and NY licensed attorneys with the knowledge and experience to help you while bridging the gap between the two legal systems.
www.mvc.co.il, [email protected]