Prohibition for any party
- Buying an apartment in Israel
- The real estate broker
The middleman’s prohibition on legal documents is not just towards the agent’s client. The ban is also directed at the opposing party and other parties involved in the transaction, such as other agents, professionals, lawyers of the parties, and more.
The purpose of Section 12 of the Realtors Law was enacted to prevent a situation in which a property agent, Which, in the eyes of the parties, will affect the signing of a binding agreement, and by the way, in the eyes of the parties, the need to consult a lawyer at this stage of the contract will be necessary.