GlossaryVa'ad bayit
Va'ad bayit
ועד בית
The building committee fee: stairs, lifts, lobby, and the shared plant.
Va'ad bayit is the monthly (sometimes bi-monthly) charge for running the building: cleaning, lifts, insurance, garden, lobby. In a Sde Dov tower with pools, gyms, and sea-facing common space it is not a token amount. The figure in the brochure is an estimate until the corporation exists and the first year of invoices lands. Foreign owners appoint someone to pay it; unpaid va'ad bayit becomes a lien problem later.