The Off-Market Market

How to read a Tabu extract (nesach tabu)

The Tabu extract (nesach tabu) is the Land Registry’s record of a parcel. It is the first document to read before any offer, and the one that tells you whether the seller can actually sell.

What you need to order it

The extract is ordered by block (gush) and parcel (helka), and sub-parcel (tat-helka) for an apartment in a registered building.

It is ordered online on the Ministry of Justice land registration service. The extract is digitally signed and is valid in its digital form.

The base fee in the Land Registry Fees Regulations is NIS 18 for a signed electronic extract, updated each year by the consumer price index. Reg. 7(a2).

What it shows

The registered owners and their shares.

Mortgages (mashkanta) registered on the parcel, and in whose favour.

Warning notes (he’arat azhara): a note recorded when an owner has committed in writing to a transaction. Land Law 1969, s. 126(a).

Attachments (ikul), court orders, leases (chakhira) and other registered rights.

Why the warning note matters

While a warning note stands, no transaction that contradicts it is registered without the consent of its beneficiary or a court order. Land Law, s. 127(a).

A later attachment, bankruptcy or liquidation order, or the appointment of a receiver does not harm the rights of the person protected by the note. Land Law, s. 127(b).

This is why a buyer registers a warning note in their favour as soon as the contract is signed.

When the parcel is not in the Tabu

Many buildings are not yet registered as condominium parcels. Rights are then recorded with the Israel Land Authority or with the developer’s housing company (chevra meshakenet). Ask for the rights confirmation from the body that holds the record.

Sources

  1. Land Law 1969, ss. 126–127 (Hebrew, Nevo)
  2. Land Registry Fees Regulations (Hebrew, Nevo)
  3. Ministry of Justice, online extract order

Analysis of public data. Not a property valuation (shuma) and not investment advice.

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