The rush is celebrating: in District 3 in Tel Aviv it is difficult to close deals

Property owners who are awaiting the completion of real estate transactions in District 3 in Tel Aviv have reported that the appraisals for District 3 have been delayed for a long time, beyond what is customary, following the decision that apartment owners in the district will be required to pay improvement levies also in urban renewal projects. of nearly NIS 10 million, he said that he had been waiting a long time to receive a voucher and when he arrived at the municipality several times he was told by the professional officials that the municipality had stopped some of the transactions in District 3, some of the assessments were returned to the appraisers who made them for correction following the new ruling, but according to him, also After some of the assessments returned to the municipality corrected, there are delays.

“I personally sold an apartment and since then I have been waiting to receive a voucher for payment, without it and without the approval of the municipality there is no deal, and I am afraid that the buyers will not wait for me,” he says. The aforementioned professional officials also spoke of delays, although some of them reported that they recently received assessments from the municipality, a fact that apparently indicates that this is a delay and not a complete stop of the assessments.

Last month, the District Appeals Committee for Compensation and Improvement Charges of the Tel Aviv District decided that the plan for District 3, which deals with rights and construction instructions for buildings undergoing urban renewal, will oblige the owners of the apartments in the place to pay the improvement charges, andThey will not receive an exemption from the levy at the time of sale. These amounts range from tens to hundreds of thousands of shekels for each property owner. The boundaries of the district, according to the municipal plan approved in 2018, are Yarkon Street in the west, Bogarshov, Ben Zion and Marmorak streets in the south, Ibn Gvirol in the east and Nahal Yarkon and the Yarkon Estuary in the north. The plan excludes Ibn Gvirol Street, the Bhima-Yachal Hatarbut complex and the adjacent plots to the west and south of Rabin Square. It applies to all residential buildings that have not been designated for preservation.

One of the appraisers working for the municipality actually explained the logic behind the delays. According to him, no decision was made to stop the assessments, but naturally the municipality is studying the decision and thinking about ways to implement it in the next assessments, and that in the coming days the assessments will return to normal. The appraiser also said that the purpose of the professional bodies in the municipality is to reduce the need to resort to appeal committees in the future in the new cases.

The Tel Aviv-Jaffa Municipality responded: “The municipality has not stopped the work of the committee on the assessments in District 3. In light of the decision of the new appeals committee regarding District 3, which has been studied by the local committee and the committee’s assessors, there are delays, but we are working at full speed on the assessments.”