real estate and property (lesson 6)

Question 1

What is easement / זיקת הנאה in the context of real estate?

Answer 1

זיקת הנאה / Easement- a right given to a person to use land owned by another person.

Question 2

What is הפקעה / expropriation?

Answer 2

• Expropriation is the forced purchase of private rights in real estate by the state or on its behalf, for a public purpose
• Private owners are compensated with money or building rights
• Each individual should contribute a little of his area for the good of the public
• From the expropriated land it is possible to build a school, expand urban infrastructure and more.

Question 3

Which 3 groups are allowed to administer expropriation / הפקעה?

Answer 3

The local committee, the Minister of Transport and the Minister of Finance are allowed to carry it out.

Question 4

What is unification and division / איחוד וחלוקה ?

Answer 4

Unification and division - this is

• A device planners use when wanting to build a new neighborhood on the basis of an old neighborhood, but the existing outline of the old one does not suit them
• They erase the old neighborhood and create a new one with new plots and new blocks.
• It can exist with or without consent. This is a proprietary right, because the plots you originally had will become other plots and this will be your new proprietary right.