Seller Beware! Remember – Even Negotiations Must be Conducted in Good Faith in Israel…

Recent Court Case – The Importance of Good Faith Also During Contractual Negotiations Under Israeli law, not only must “an obligation or a right arising out of a contract be fulfilled or exercised in customary manner and in good faith” (s. 39 of the Contracts (General Part) Law, 5733-1973), but even “in negotiating a contract,” the parties “must act in a customary manner and in good faith” (s. 12(a) ibid); and “a party who does not act in customary manner and … Continued

What Will and What Will Not Constitute “Ha-ra’at Te’naim”?

Depreciation of Terms and Conditions of Employment (Ha-ra’at Te’naim) “A person who has been employed continuously for one year… by the same employer or at the same place of employment and has been dismissed is entitled to receive severance pay (pitzuyei piturin) from the employer who has dismissed him.” Section 1(a), Israeli Severance Pay Law, 5723-1963 “Where an employee resigns by reason of an appreciable deterioration of his conditions of employment (ha-ra’at te’naim) … the resignation shall, for the purposes … Continued

12 Practical Tips and Tricks for Rental Contract Negotiations in Israel (Part I)

You are about to rent an apartment. A person purporting to represent the landlord presents you with a single sheet of paper and shows you where to sign on the dotted line (“it’s just standard wording,” he assures you). What should you look out for to protect your interests?   Proper power of attorney and absentee landlord First, insist on seeing an original Power of Attorney document, to verify that the agent has actual authority to sign a rental contract … Continued

10 Frequently Asked Questions on Making a Will in Israel

1. Why Should I Bother Making a Will? Making a Will, which is usually a simple and relatively inexpensive document in Israel, can be a very straightforward expedient for avoiding intra-family conflict, squabbles and misunderstandings amongst your heirs. In addition, probating a Will, when the time comes, involves much less expense, time and bureaucracy than that required in order to obtain a Succession Order. Moreover, the latter may well distribute your estate in a manner which is less than ideal … Continued