Ramat Gan City Council May Demand Substantial Levies on Sale of Older Apartments
How 3 Israeli newsrooms covered this story — translated into English and compared side by side.
First reported by Calcalist · 7 hours ago
What happened
Ramat Gan’s new municipal plan allows the city to charge betterment levies on sales of older apartments based on previously granted building rights, even if unused. This could impose significant costs on sellers and may spread to other cities, with legal challenges underway. The Supreme Court recently limited such levies by excluding value increases already realized under prior urban renewal programs.
- 01Ramat Gan’s new plan enables betterment levies on sales of older apartments with granted building rights.
- 02Levies can reach 50% of the property value increase due to zoning changes, potentially costing hundreds of thousands of shekels.
- 03The plan formalizes previously discretionary easements into statutory rights, triggering levies even if rights are unused.
- 04Supreme Court ruling limits levies by excluding value increases already realized under prior urban renewal laws.
- 05Legal appeals are ongoing, with potential implications for other Israeli cities adopting similar plans.
- 06Homeowners should seek appraisals and legal advice before selling to understand possible levy liabilities.
Summary translated & synthesized from the sources below by baba. Read each original for the full report.
Full coverage · 3 outlets
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