Compensation for delay in apartment delivery – rights of apartment buyers from the contractor
Delays in the delivery of an apartment by a contractor are a common occurrence, especially in new construction projects in Jerusalem. Beyond disappointment, the delay entails heavy expenses: double rent, mortgage, storage of contents, and uncertainty.
The good news? The law is on your side.
What does the law say about late delivery??
Obligation for automatic financial compensation
according to חוק המכר (דירות), תשל”ג-1973 A contractor who is late in delivering an apartment beyond 60 days from the contractual date must pay automatic financial compensation, without the need to prove damage.
Amount of compensation
* Up to 8 months: 150% of appropriate rent
* Over 8 months: 125% of appropriate rent
The compensation is calculated according to the rental value of a similar apartment in the area – in Jerusalem, these are sometimes significant amounts.
Can the contractor avoid payment??
Common claims from contractors
Contractors usually claim:
* Force Majeure
* Delays from the authorities
* Changes requested by the buyer
Ruling and legal response
The courts do not accept these claims easily, and in many cases they rule Full compensation for buyers.
When should you contact a lawyer??
As soon as the delay begins, it is recommended to contact לReal Estate Lawyer in Jerusalem,
Who can:
* Calculate the compensation you are entitled to
* Contact the contractor with a formal request
* לנהל מו”מ או להגיש תביעה
איחור במסירת דירה אינו “גזירת גורל” – זהו נזק כלכלי בר־פיצוי. Contact us.
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