Buyer Rights
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Aug 25, 2026
17:00Globes

Real Estate
Tel Aviv apartment buyers win court ruling to reclaim funds from stalled project
A TAMA 38 project in Neot Afeka, Tel Aviv, faced significant delays, leading to the appointment of a receiver. In a landmark ruling, a judge allowed two families to cancel their contracts and recover their payments, setting a new precedent for the real estate industry.
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