The date stipulated by law regarding the price of the apartment
- Buying an apartment in Israel
- Contract Structure
For the purpose of paying taxes and additional needs, the price of the apartment is the price that appears in the contract even if in practice it varies according to the provisions of the contract.
The exception derives from section 1 of the Real Estate Tax Law, which under certain conditions allows the price of the apartment to be calculated as the market price, even if the parties have stated otherwise in the contract.