Client updates / Evacuate and Reconstruct

An Urban Renewal Project Agreement Is Not Transferrable

29 October 2020 / Barnea

In urban renewal projects, residents or owner’s rights holders select the company with whom they are willing to embark upon this long journey, based on relationship of trust and competence. The trust required leads both parties to execute a binding agreement. Understandably, residents expect the company which whom they have contracted with to remain unchanged and not for those rights not to be transferred to other parties.

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Categories: Real Estate | Urban Renewal

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Client updates / Evacuate and Reconstruct