realestate

Israeli Real Estate Code of Ethics Revised, Excludes Racial Discrimination Ban

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srael's new Code of Ethics for real estate brokers, set to take effect next week, has sparked controversy over its lack of a clause explicitly banning racism. The omission comes after a landmark court ruling awarded Arab renters 40,000 shekels in damages due to racial discrimination. Despite calls from various quarters to include such a provision, the Justice Ministry has refused to do so.

Israeli real estate professionals gather in Tel Aviv to revise ethics code.