Real estate glossary
All essential real estate terms in Israel.
- Kablan
- Real estate developer in Israel. The kablan builds and sells new homes.
- Mashkanta
- Israeli mortgage. Banks offer loans to residents and non-residents.
- Mas Rechisha
- Property purchase tax, calculated as a progressive percentage of the property price.
- Tabu
- Israeli land registry. Registration at the Tabu guarantees legal ownership of the property.
- Tama 38
- National seismic renovation program allowing additional floors to be added to existing buildings.
- Pinui Binui
- Evacuation-reconstruction program replacing old buildings with new constructions.
- Mechir Lamishtaken
- Government program offering new homes at reduced prices.
- Arnona
- Local property tax paid to the municipality, calculated by area and zone.
- Hearat Azhara
- Warning note registered in the land registry to protect the buyer before finalization.
- Shtar
- Notarial deed of property transfer.