This glossary defines the Israeli urban-renewal terms a foreign buyer meets when purchasing into a pinui-binui compound, from the 2006 Pinui-Binui Law and hafkada to mas rechisha, Tabu, and the statutory stage. Each term is written plainly so you can read a compound's paperwork with confidence before you buy.
| Term | What it means |
|---|---|
| Pinui-binui | Evacuate-and-rebuild of a whole compound of several buildings, carried out under the 2006 Pinui-Binui Law. |
| TAMA 38 | A former national plan for seismic upgrade of a single building. It ended for new permits in 2022 and was replaced by local building-renewal plans. |
| Shaked Alternative (chalufat Shaked) | Amendment 136 of 2022, which moved single-building renewal from the national TAMA 38 framework to local municipal policy. |
| Hitchadshut binyanit | Building renewal, the local single-building track for urban renewal. |
| Mas rechisha | Israeli purchase tax, tiered, and generally higher for buyers who already own a home. |
| Tabu | The Land Registry where ownership of Israeli property is recorded. |
| Hafkada | The deposit of an urban building plan, a key statutory milestone in the planning process. |
| Heitel hashbacha | A betterment levy charged on the increase in land value. |
| Evacuation-construction agreement | The contract between the residents of a compound and the developer. |
| Statutory stage | Where a compound sits in the planning process. It is the main driver of value and risk. |
| Mispricing Index | QUANTUM's score of how a compound's price compares to fair value for its statutory stage. |
These terms come together in one decision: is the price fair for the compound's documented statutory stage? QUANTUM represents the buyer, checks the price against the project's real planning stage, and closes the purchase remotely.
Get a free shortlist of fairly-priced compounds →Related reading: what is pinui-binui, the pinui-binui timeline, TAMA 38 vs pinui-binui, and how to buy an Israeli apartment remotely.