Divorce & Life-Partnership Dissolution
Independent Property Valuation for Divorce & Partnership Dissolution
When a relationship ends and real estate is part of the assets to be divided, an independent property valuation can provide an objective basis for determining the property's market value.
We provide professional valuations of Israeli residential and commercial properties for divorce, separation, financial settlements and dissolution of life partnerships.
Our role is to assess the value of the real estate. The legal and financial division of the assets is determined by the parties and their legal and financial advisers.
When Is a Valuation Needed?
A professional property valuation may be relevant when:
One Partner Buys Out the Other
If one party wishes to retain the property and purchase the other party's interest, an independent valuation can establish the market value of the property as a basis for the financial settlement.
The Property Will Be Sold
When the parties decide to sell the property, an independent valuation can provide a professional reference point for discussions regarding the expected market value.
There Is a Disagreement About Value
Different expectations about the property's value can make negotiations difficult.
An independent valuation provides a documented professional assessment based on the property's characteristics and relevant market evidence.
There Are Several Properties
Where the parties own more than one Israeli property, separate valuations may be required to establish the value of each asset before the overall financial settlement is determined.
The Property Is Owned With Other Partners
The same valuation principles may be relevant when a property is jointly owned and the parties need to determine its value as part of a dissolution or settlement.
What Does the Analysis Consider?
Depending on the property and purpose of the assignment, the analysis may consider:
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Property location and neighbourhood characteristics
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Existing use and potential use - residential, commercial, industrial or other general uses, icluding the spesific allowed sub-uses
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Property type - Vila, apartment, penthouse and other types
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Property's size and physical characteristics
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Land and building rights
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Planning and zoning information
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Registration and ownership information
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Relevant comparable transactions
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Current market conditions
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Access, parking and other property-specific characteristics
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Restrictions, encumbrances or other relevant factors
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The applicable valuation date and purpose
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Other spesific releveant property charactures
The scope of the analysis is adapted to the property and the reason for which the valuation is required.
Establishing Property Value for a Financial Settlement
In many separation situations, the parties need to consider how the property should be handled as part of the overall financial settlement.
One Party Retains the Property
If one party retains the property, its market value can provide a basis for determining the value of the other party's interest in the property.
The Property Is Sold
If the property is sold, an independent valuation can provide a professional reference point for the parties when considering the expected market value and the potential proceeds of the sale.
In either situation, establishing the property's market value provides an objective financial reference point for the parties and their professional advisers.
The valuation determines the property's market value. It does not determine how the parties should divide their assets or what each party is legally entitled to receive.
A Neutral Valuation Can Help Both Sides
Where both parties agree, they may choose to commission a single independent valuation.
A jointly commissioned valuation can provide a common professional reference for negotiations and may reduce the need for each party to obtain separate estimates.
Where the parties have separate legal representation, we can also work directly with the relevant lawyers.
The appropriate arrangement should be determined by the parties and their legal advisers.
For Lawyers & Family-Law Professionals
If you represent a client in a divorce, separation or financial settlement involving Israeli real estate, we can provide an independent valuation of the property.
We respect privacy and handle all received information confidentially. We can coordinate with the legal team regarding:
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The property to be valued
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The required valuation date
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The purpose of the valuation
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Available property documentation
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Whether a previous appraisal exists
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Whether additional properties need to be valued
The valuation can then be used by the parties and their advisers as part of the broader legal and financial process.
Lawyers may contact us directly on behalf of their clients.
For Overseas Couples With Property in Israel
If the parties live outside Israel but own real estate in Israel, the valuation process can generally be coordinated remotely.
This may be relevant where:
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One or both parties live abroad
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The property is located in Israel
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The parties are represented by lawyers abroad
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The property forms part of an international financial settlement
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An independent Israeli valuation is required
The valuation focuses specifically on the Israeli real estate and can be coordinated with the professionals handling the wider matter.
Already Have a Previous Appraisal?
A previous appraisal does not automatically represent the property's current market value.
However, it can be useful background information when preparing an updated valuation.
Where appropriate, we can review the previous valuation together with current market conditions and determine the appropriate approach to an updated analysis.
This can be particularly useful for property owners who require updated valuations over time.
What We Need From You
To start, we generally need only basic information about the property and the purpose of the valuation.
You can contact us with:
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Property address or location
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Approximate renovation cost, if applicable
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Purpose of the valuation
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Required valuation date, if known
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Any previous appraisal or relevant documentation
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Contact details of the relevant lawyer or professional adviser, if applicable
You do not need to determine the technical scope of the valuation yourself. We can discuss the assignment based on the circumstances.
Contact us at : Office@ilappraiser.co
Frequently Asked Questions
Do both parties need to agree to the valuation?
Not necessarily. The appropriate arrangement depends on the circumstances and the legal process. A valuation may be commissioned jointly or by one party.
Can one party buy the other party's share based on the valuation?
A valuation can establish the property's market value, which may then be used by the parties and their advisers when calculating a potential buyout. The legal and financial terms of the settlement are outside the scope of the valuation.
Can you value more than one property?
Yes. Where several Israeli properties form part of the settlement, each property can be considered as part of the assignment.
Can you work with my lawyer?
Yes. We regularly coordinate valuation assignments with professional advisers and can communicate directly with the lawyer handling the matter.
Can the valuation be prepared if I live outside Israel?
Yes. The assignment can generally be coordinated remotely.
Can you provide a valuation for court proceedings?
The appropriate type and format of professional opinion should be discussed according to the specific legal proceeding and the requirements communicated by the lawyer or court.
Can you value a property owned by life partners who were not married?
Yes. The valuation concerns the real estate and its market value. The legal rights of the parties and the applicable rules governing the relationship should be determined by their legal advisers.
What if the parties disagree about the property's value?
An independent valuation can provide an objective professional reference point. If each party has obtained a different valuation, the lawyers can determine how the competing opinions should be handled within the legal process.
Request a Divorce & Partnership Dissolution Valuation
If Israeli real estate is part of a divorce, separation or financial settlement, send us the basic details of the property and the purpose of the valuation.
We will review the assignment and advise you on the appropriate next step.
Your information is kept confidential.