Organizing a purchasing group interested in acquisition of a plot of land for the construction of a jointly owned building is a complex task. The process usually entails the accompaniment of the group in selecting its various consultants, obtaining building permits, selecting and engaging with a contractor, and accompaniment throughout the entire construction process until completion and registration. These make the task even more difficult and complex, requiring close support and guidance from expert attorneys specializing in this field.
Rechnitz, Kessler and Co. are vastly experienced in representation of entrepreneurs and organizers of purchase groups in Israel. This includes:
- Drafting of partnership agreement between members of GPO
- Representation and support for land purchase agreement (whether private or tender for ILA lands)
- Preparation of all required legal documents
- Consultation and representation on tax issues
- Handling all legal engagements, including interface with architect, supervisor, consultants, contractor, etc.
- Accompaniment and representation at supporting bank in order to secure financing for project
- Consultation and representation on planning and construction matters
Rechnitz, Kessler and Co. are also widely experienced in representation of individuals or groups wishing to purchase or sell units in purchase groups, at any stage of the process.
This includes drafting and representation in negotiations for sale/acquisition of rights agreements, representation in transfer of ownership and examination of all contracts required for transfer of ownership.