My husband and I bought an apartment together with my mother-in-law. We are all new immigrants and put our rights to grants and mortgage loans together. We had no money to put down ,only our rights to grants. My husband has left me and it is impossible to remain in the apartment with my mother-in-law in these circumstances . We are all listed on the contract as buyers but nothing is said about the size of our shares. How can we end our partnership if we don’t know the size of our shares ?
By: דיאנה שאלתיאל•Published on: 12 May, 2022According to a case before the Tel Aviv Family Court in September 2002 the best solution for dividing up a property ‘bought’ this way is to do it in proportion to the value/size of each buyer’s grant. In the particular case the apartment ‘buyers’ were all Ethiopian immigrants, a married couple and the wife’s mother-in-law who had combined their eligibility grants to purchase an apartment together . After the wife’s sudden tragic death it was impossible for the sides to remain living together due to animosity and violence on the part of an adult son from the deceased’s first marriage and the sick, elderly mother-in-law moved out to live with other family. The court ordered the property sold and the division of ‘ownership’ according to the parties’ relative grant contributions which enabled the parties to transfer their eligibility to another property if they so wished within the required time.