The transfer without consideration of real estate assets in Israel is mainly carried out between family members, such as parents and children or spouses. Israeli law provides significant tax benefits in these transactions, including exemption from capital gains tax for the transferor and partial exemption from purchase tax for the recipient. These transfers are considered real estate transactions, but they have unique conditions, such as registration with the land registry office. It is important to understand that the transfer without consideration usually occurs when the recipient does not hold another property, and in such a case, they pay one-third of the regular purchase tax. Additionally, the law establishes cooling-off periods to prevent tax manipulations, preventing the immediate sale of the property after the transfer. Transfers between spouses during divorce are completely exempt from tax. Care should be taken to draft a clear contract between the parties, which may include reservations and restrictions, to ensure the rights of both the transferor and the recipient.