Working With Lawyers, Accountants & Other Professionals
Independent Israeli Property Valuation for Your Clients
When a client owns real estate in Israel, a professional adviser may need a reliable, independent assessment of the property's value.
IL APPRAISER works with lawyers, notaries, accountants, tax advisers, financial professionals and other advisers who need an Israeli property valuation as part of a broader client matter.
Our role is focused on the Israeli real estate valuation.
We establish the property's value for the specified purpose and valuation date, while the client's legal, tax and financial advisers determine how that valuation should be used within the wider matter.
How We Work With Professional Advisers
You do not need to send your client through a complicated process.
You can contact us directly with the basic information about the matter. We can then discuss the appropriate valuation scope and what information or documentation is required.
Depending on the circumstances, we can work through:
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A direct client referral
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An adviser-coordinated assignment
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Coordination between the client, the foreign adviser and IL APPRAISER
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A project involving several properties or several parties
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A recurring valuation relationship for the same client or property
The appropriate structure depends on the matter and the client's needs.
Examples of Professional Matters
1. Divorce & Financial Settlement
Example
A lawyer represents a client who is going through a divorce and owns an apartment in Israel jointly with the other spouse.
The parties need to establish the property's current market value before determining how the property will be treated as part of the overall financial settlement.
We can:
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Inspect and analyse the Israeli property
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Review ownership and relevant property information
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Analyse comparable transactions
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Determine the property's market value as of the required valuation date
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Provide an independent professional valuation for the parties and their advisers
If one spouse is considering retaining the property, the valuation can provide a professional reference point for determining the value of the other spouse's interest.
If the property is expected to be sold, the valuation can provide an independent reference point when considering the expected market value and potential sale proceeds.
The appraisal establishes the property's value.
It does not determine how the spouses should divide their assets or what either party is legally entitled to receive.
For the Lawyer
An independent valuation can provide a common financial reference point for negotiations, mediation or other settlement discussions.
Where appropriate, both parties may agree to rely on an independent valuation rather than each commissioning a separate opinion.
2. Division of an Estate Between Heirs
Example
Several heirs inherit an apartment or other Israeli property.
One heir wants to retain the property while the other heirs are considering receiving other assets or their financial equivalent.
Before the estate can be divided, the family may need to establish the market value of the Israeli property.
We can provide an independent valuation of:
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An apartment
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A house
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Commercial property
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Land
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Development property
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Several properties forming part of the same estate
The valuation can provide the professional advisers and heirs with an objective value reference when considering the division of the estate.
Example: One Heir Keeps the Property
If one heir intends to retain the property, the market value can be used as a reference when considering the value of that heir's share and the overall division of the estate.
Example: The Property Is Sold
If the property is going to be sold, an independent valuation can provide a professional reference point for the expected market value before or during the sale process.
The appraisal establishes the property's market value.
It does not determine the heirs' legal rights or how the estate should ultimately be divided.
3. Checking the Value of Land Before a Sale
Example
A lawyer, accountant or family adviser is assisting a client who owns a parcel of land in Israel and is considering a sale.
The client may have received an offer, may be negotiating with a potential purchaser, or may simply want to understand the property's market value before entering negotiations.
We can examine the property and the relevant planning, legal and market information and provide an independent market-value assessment.
Depending on the property, the analysis may consider:
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Location
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Registered rights
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Planning status
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Development potential
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Permitted uses
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Building rights
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Physical characteristics
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Comparable transactions
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Market conditions
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Restrictions affecting the property
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The required valuation date
An appraisal can therefore be useful before the client commits to a transaction or accepts an offer.
It can also help the client's adviser understand whether further legal, planning or tax analysis is required.
4. Tax Reporting for Clients Living Abroad
Example
An accountant or tax adviser is preparing a client's tax or wealth declaration in the client's country of residence.
The client owns an apartment, house, commercial property or land in Israel.
The foreign adviser needs an independent Israeli property value as of a particular date.
We can prepare a valuation addressing the required Israeli property and valuation date.
The foreign adviser then determines how that value should be reported and treated under the applicable foreign tax rules.
This distinction is important:
IL APPRAISER values the Israeli property.
The client's local tax adviser determines the tax treatment.
Where a previous appraisal exists, we can review it and determine whether it can provide useful background for the new valuation.
Inheritance, Tax and Estate Matters
Some client matters involve more than one professional issue.
For example, an overseas client may inherit an apartment in Israel and simultaneously need:
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An Israeli property valuation
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Estate or inheritance advice
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Foreign tax reporting
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Legal documentation
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Translation of Israeli documents
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Advice regarding a future sale
In these situations, we can coordinate with the client's professional advisers so that the valuation is prepared for the correct purpose and valuation date.
Urban Renewal Projects
Working With Owners' Lawyers and Representatives
In urban renewal matters, the owners' lawyer and representatives may need an independent appraiser to assess the existing apartments and the economic aspects of the proposed transaction.
We can work with the owners' representatives and legal team during:
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Developer selection
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Comparison of competing proposals
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Negotiations with the developer
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Review of the proposed consideration
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Assessment of existing apartment values
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Assessment of market rent during the evacuation period
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Ongoing project negotiations
Where a developer funds the owners' appraiser as part of the agreed transaction costs, the commercial arrangement should be documented while the appraiser's professional role remains focused on the owners' interests.
When a Previous Appraisal Already Exists
A previous appraisal can be valuable background material.
Rather than automatically starting from the beginning, we can review:
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The previous valuation date
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Property identification
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Previous measurements
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Assumptions
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Market evidence
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Planning information
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Relevant documentation
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Changes to the property or its surroundings
Where appropriate, the previous file can help make a subsequent valuation more efficient.
A previous appraisal is not automatically a current valuation. We determine whether the previous information remains sufficiently reliable for the new assignment.
Multiple Properties & Complex Client Matters
Professional advisers may represent clients who own several Israeli properties.
For example:
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Several inherited apartments
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A portfolio of residential properties
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Residential and commercial properties
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Several properties held by different family members
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Properties requiring different valuation dates
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Properties located in different parts of Israel
We can discuss the assignment as a single professional project and establish the appropriate scope for each property.
This can be particularly useful where the valuations are required for the same broader legal, tax or estate matter.
Working With Lawyers & Notaries
We can assist lawyers and notaries with property-related matters including:
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Divorce and financial settlements
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Estate and inheritance matters
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Sale and purchase transactions
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Property disputes
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Estate planning
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Property division
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Client asset documentation
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Valuation for legal proceedings, where appropriate
The valuation can be prepared for the specific purpose and valuation date identified by the legal team.
Where documents need to be presented in another language, notarial translation can also be arranged upon request, subject to the requirements of the receiving authority or professional adviser.
Working With Accountants & Tax Advisers
We work with accountants and tax advisers who need an independent Israeli property value for matters such as:
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Foreign tax reporting
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Wealth or property reporting
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Capital gains calculations
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Inheritance and estate reporting
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Historical valuation dates
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Property acquisition or disposal
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Tax-related disputes
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Review of a previous valuation
We do not determine the client's foreign tax liability.
Our role is to provide the Israeli property valuation that the client's adviser can consider within the applicable tax framework.
Working With Other Professional Advisers
We can also work with:
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Financial advisers
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Estate planners
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Family offices
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Mediators
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Property advisers
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Real estate professionals
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Developers and project professionals, where appropriate
If the client's matter involves Israeli real estate and requires an independent assessment of value, we can discuss the appropriate valuation scope.
Translation & Supporting Documentation
International property matters often involve documents prepared in Hebrew that need to be reviewed or presented to professionals or authorities abroad.
Where requested, we can coordinate a notarial translation of relevant documents through the appropriate professional.
Translation requirements depend on the receiving authority, country and purpose of the document - Notarial, formal, with or without Apostile, and more.
The valuation itself remains a professional Israeli real estate appraisal.
A Simple Referral Process
You do not need to collect every document before contacting us.
Initial Information
We generally need:
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Property location
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Purpose of the valuation
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Required valuation date
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Country of tax residence
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Any relevant deadline
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Previous appraisal, if available
We Review the Matter
We identify the appropriate valuation scope and let you know what additional information or documents may be required.
We Coordinate With You
Where appropriate, we can communicate directly with the client or work through the referring professional.
We Prepare the Valuation
The appraisal addresses the specified property, purpose and valuation date.
If needed - we take care of translation and Apostile.
Why Professional Advisers Work With an Israeli Appraiser
For an overseas professional, an Israeli property valuation can provide:
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Local market expertise
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Independent valuation evidence
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A clearly defined valuation date
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Professional analysis of Israeli property characteristics
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Higher Accuracy
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Real-Time Photos of the Property and Its Surroundings
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Professional Liability Insurance
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Comparable-market analysis
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A documented basis for the property's value
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Direct coordination with the client's professional team
The objective is simple:
You handle the legal, tax or financial matter.
We provide the Israeli property valuation.