Buyer power of attorney for transfer of rights
- Buying an apartment in Israel
- Contract Structure
An additional power of attorney signed at the time of signing the contract of sale will allow the proxy to complete the transfer of rights on behalf of the buyer. Usually, this power of attorney will only be given to a lawyer representing the buyer.
However, it is important to remember that the seller is also interested in completing the transfer of rights and he may be harmed if the buyer liens and does not complete the transfer of rights in the apartment in his name.