TAMA 38: Does Size Matter? New Ruling on Equality Between Large and Small Flats

1 min. read

What happens when a tenant in a building being redeveloped under TAMA 38 discovers that the neighbor with the larger apartment comes out ahead – is that discrimination that justifies refusing to sign? The Tel Aviv District Court rejected a small-apartment owner’s appeal, holding that equality in such projects is assessed against apartments with similar characteristics and on the basis of the floor area added to each unit. Avigail Castiel, partner and head of the Real Estate department at S. Horowitz, analyzes what it means. Read the full article.

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