New Financial Regulations for Ultra-Orthodox Organizations and Real Estate Market Insights

Israel to Disconnect Private Ultra-Orthodox Education Networks from Treasury Systems, with Some Exceptions

Starting next week, ultra-Orthodox organizations Maayan HaChinuch HaTorani and HaChinuch HaAtzmai will undergo changes to their access to the state budget. They will no longer have direct access to government funds and will need to establish separate bank accounts and financial departments for compliance with corporate regulations. Additionally, they will need to provide their own internal audits instead of having a Treasury auditor working for them. The aim is to shift responsibility for the financial state of the networks from the state to the organizations themselves, while still maintaining a level of supervision by the Ministry of Finance over expenditures and significant payments made by the organizations.

Meanwhile, there are valuable tips available for both sellers and buyers navigating the real estate market. These articles cover a range of topics including selling properties with solar panels, structural issues, pools, and home offices. They also provide guidance on buying properties using different types of loans such as VA loans, USDA loans, and conventional loans. Furthermore, these articles offer tips for selling homes with specific issues like septic system problems, termite damage or roof damage. These articles are sure to be helpful for those looking to make informed decisions in the real estate market.

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