Escrow

Many real estate transactions are executed through the opening of an escrow account, where funds from sellers, buyers, or third parties are held in trust. This mechanism ensures compliance with the terms of the transaction and mitigates risks such as delays, non-payment, or fraud. Escrow accounts are managed by attorneys or trust companies and involve strict oversight of release conditions, adherence to deadlines, and ensuring legal security for all parties involved.

Our firm specializes in establishing escrow accounts for complex real estate transactions, drafting customized trust documents, and providing comprehensive legal support. This includes managing the escrow account with the banking system, submitting required reports to tax authorities and the Land Registry Office, and resolving legal and accounting issues that may arise during the process.

In this context, we also assist foreign residents by securing funds and protecting their rights in properties located in Israel, while professionally handling the registration process and monitoring compliance with the terms of the transaction.