The Principle of Good Faith
- Buying an apartment in Israel
- The Sales Contract
The principle of good faith is a supreme principle in contract law and has even been lent to many other areas of law.
Section 61 (b) of the Contracts Act applies the principle “also to legal actions which are not as a contract and to charges which do not arise from a contract.
” In general, a person must behave at the negotiation stage and after signing a contract as follows: “Man to man – not a wolf, not an angel; man to man – man.”