
Parents Helping to Buy an Apartment: Gift, Loan and Prenup
Parents giving money towards a young couple’s apartment? The difference between a gift to one spouse, a gift to both and a loan, and how a prenup protects it.
A land registry extract, also called a Tabu extract, is an official document showing the legal information about a property registered in the land registers as of the date it was issued. Before buying or selling a property, check who is registered as the rights holder and what the extract shows about mortgages, attachments, notes and restrictions, if any. The extract does not replace a legal review of all the transaction documents.
Use the Ministry of Justice online service: choose the type of extract, enter the block (gush) and parcel (chelka), and for an apartment in a condominium building also the sub-parcel, and pay the fee shown. You can find the block and parcel through the Survey of Israel, a municipal tax bill or the property documents. The sub-parcel number is not necessarily the apartment number.
According to the Ministry of Justice, the online extract is sent by email with an approved electronic signature and is recognised as an original document in its digital form only, not when printed. If a bank or another body asks for a particular document, check its current requirements rather than assuming a printed copy is needed.
A regular full extract shows the current registered information and suits most purchase and sale checks. A historical extract also includes deleted entries and can help when you need to investigate the registration history. A concentrated extract shows general information about the owners in a condominium building but does not include all registration details of a specific apartment.
Not all property rights are recorded in a Tabu extract. Where the rights are managed by the Israel Land Authority or a housing company, a rights confirmation or another document from the managing body may be required. Before a transaction, identify where the registration is held and check the right documents. See also rights in a property not registered at the Tabu.
This information is general and does not replace an individual legal review. Paz Israel & Co. helps check property documents before a transaction. Contact us.

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