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Areas of expertise – land assessment
Land assessment in Israel is a profession that deals with the assessment of the value of real estate property. The need for assessment stems from the very nature of the real estate market, where there is no central arena of commerce and where there is thus a need for carrying out individualized value assessments.
By law, all real estate assessment must be carried out by a certified land assessor.
The role of land assessors is to learn and understand all the elements of the deal. Land assessors must also be familiar with many topics in the field of real estate (land taxation, the real estate market, the relevant laws and regulations, etc.) and with economic and engineering matters.
In order to be a certified land assessor in Israel, you must satisfy the conditions and pass the exams of the Council of Land Assessors.
A central component in land assessment in Israel is the conducting of value assessments of real estate property. The land assessors working at our company will carry out on your behalf value assessments, gather comprehensive information on the property and on its surroundings, and will examine the property's characteristics. We carry out value assessments on all the different categories of real estate property, such as apartments, detached and semi-detached homes, buildings, lots, fields, farms, agricultural fields and lands, public institutions, shops, etc. The value assessment is written down and forms part of the assessment report filed by an expert land assessor.
Professional assessment report
Land assessors are authorized and certified to provide all categories of professional assessment reports, including land assessor's reports that constitute expert testimony in a court of law. We carry out land assessments for the assessment of the value of a property, for a variety of needs and situations: the division of property rights, depreciation, the possibility of a future investment, the sale of real estate property, leasing and renting properties, a need for knowing the market value of a property, the liquidation of a partnership, the appointment of an official receiver, inheritances, eviction fines, suitable charges for use of a property, key money, etc.
Expertise in land taxation
Land taxation plays a major role in every field of land assessment and real estate in Israel. Our company's land assessors are experts in land taxation and we see to it that they are continually kept up-to-date on laws and regulations in the field of land taxation.
Our company's land assessors handle, and assist in, every topic of land taxation that directly affects you, including property improvement tax, purchase tax, municipal taxes, agreement money, key money, expropriations, construction fees, development bonds and fines, tax planning, etc.
Conducting pre-purchase checks on properties
In every real estate deal, especially one involving the purchase of a property in Israel, there are many parameters that you should - in fact, that you must - check. In most cases, real estate deals in Israel involve sums of hundreds of thousands of dollars and are subject to many laws and regulations. The conducting of a comprehensive pre-purchase property examination will supply a vast amount of information on the property and even on the entire real estate deal.
We are therefore happy to propose to you the most comprehensive package of assessment checks in Israel. All the checks we carry out are certified, independent and objective. They are conducted in total transparency and are custom-tailored to the particular category of property. The checks we carry out include the following: current planning situation, regional development plan, land zoning arrangements, building deviations, etc.
For more information on our overall, comprehensive package of tests, click here.
Processing of and consultation on damage claims due to depreciation
Our company has vast experience in the accompaniment of damage claims that are made in accordance with section 197 of the Israeli law regarding planning and construction and which are filed against various authorities because of the depreciation of a property following the approval of a municipal construction plan. Our company's team of experts provide comprehensive services such as the accompaniment of claims filed by owners whose properties have been depreciated, conducting of projected estimates of depreciation, submission of professional statements of opinion about depreciation, representation of clients vis-a-vis the authorities, accompaniment of debates and proceedings of the various relevant committees, etc.
Support and representation vis-a-vis the Israel Lands Administration
Our company's team of experts support the owners of agricultural and municipal lands and represent them vis-a-vis the Israel Lands Administration. As part of the services our company offers in this field, we handle such matters as leasing fees, permit fees, capitalization fees, agreement fees, conducting of counter-assessments, land zoning changes, construction additions, accompaniment of tenders, value assessments, etc.
Land assessment services
Besides the field of taxation, we offer comprehensive services in the field of land assessment, in such areas as the submission of objections to proposed plans, the provision of a land assessor's professional opinion on expected damage to the owner's property, accompaniment of owners of property and owners of rights vis-a-vis local committees and appeals committees, assessment of depreciations, assessment of damages (expropriation, section 197, etc.), analysis and preparation of assessment-economic reports, rights of use, combination deals, drawing up of balance and allocation tables, checking of properties in the course of construction, expansion and external renovation of buildings, consultation on expropriations, consultation on real estate investments, etc.
Additional land assessment services
We can offer you additional land assessment services, such as accompaniment of the preparation of urban construction plans (UCPs) and detailed designated-area construction plans from the initial stages of preparing the plans, accompaniment and monitoring of economic programs, accompaniment of discussions in the various committees (local and district) with particular emphasis on economic and assessment points) In addition, we provide consultation and accompaniment services in the sale of lands, conduct checks and comparisons from the planning and economic standpoints, and provide consultation and support services in the field of taxation.
Additionally, our land assessors serve when necessary as determining assessors, provide external professional opinions and expert land assessment opinions vis-a-vis courts of law and in connection with properties that are the subject of litigation; such opinions can be considered, if needed, expert testimony in a court of law (our office is part of the pool of experts authorized to appear in courts of law).
Our company's team of experts, the wide range of areas of expertise and the vast amount of knowledge and experience we have accumulated in the field of land assessment together create a winning combination that enables us to supply optimal solutions for all your assessment needs and to offer you better, more reliable, quality service. The road to a solution begins when you contact us.
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