Contract enforcement and title registration

Tel Aviv Penthouse: Title Registered and Dispute Resolved

Yoav Hertman represented purchasers of a penthouse valued at approximately NIS 50 million, securing a settlement that made conclusion of the claim conditional on actual registration of title in their names.

The Enforcement Claim

The firm represented the purchasers against the developer of a TAMA 38 project in the Tel Aviv District Court (Civil Case 63146-07-25). The dispute concerned prolonged delays in amending the condominium registration and recording title, as well as the developer’s signature on an application for a swimming pool permit.

Settlement and Completion of Registration

A mediated settlement made completion of title registration a condition for concluding the case. It also secured the developer’s cooperation with the permit application and signature of the necessary documents within three business days. Title was registered and the settlement was given the force of a judgment.