Disclosure obligation regarding irregularities
- Buying an apartment in Israel
- The real estate broker
Does a realtor have to investigate and look into the legality of building the apartment?
The district court’s ruling based its remarks on the Knesset’s statements as a validity of the law, as well as those agents are required to study this issue as part of the conditions for obtaining the license and ruled in a specific case that the agent had to inform the buyers of these matters.
In conclusion, it is suitable for an agent to do so if he informs his client in an orderly and written manner that he recommends checking the issue of the irregularities with a qualified professional, such as an architect or appraiser.