Multiple Owners of an Apartment: How Not to Lose a Buyer (748)

Seller relevance: high — understanding the specifics of co-ownership reduces the risk of a deal falling through

Overview

Apartments with multiple owners are common in Haifa, especially in older buildings or inherited properties.
When selling such an apartment, it is essential to consider legal and organizational nuances, otherwise the deal may be delayed or the buyer may back out.

In this article, we explain how to properly organize the process and maintain buyer interest.

Main Risks in Co-Ownership

1. Lack of consent from all owners
   • Any co-owner can delay or block the sale
2. Disagreements on price or deal terms
   • Conflicts among owners may cause delays or price reductions
3. Problems with TABO documents
   • Discrepancies in registered ownership or missing consents
4. Hidden shares or inheritance issues
   • Presence of heirs or unresolved ownership shares may lead to legal disputes

How Not to Lose a Buyer

• Ensure that all owners have given consent to sell
• Engage a lawyer to review documents and prepare all consents
• Inform the buyer about the number of owners and legal specifics
• Consider preliminary agreements to fix the deal terms
• Ensure transparency and quick coordination so the buyer remains interested

Practical Recommendations

• Make a list of all owners and their shares
• Check TABO documents and registration of ownership rights
• Prepare written consents from all owners
• Use professional support to coordinate actions and speed up the sale

Unehasim Tips

• Do not hide the number of owners — transparency builds trust
• Verify documents and consents in advance
• Use professional support to minimize risks
• Keep the buyer informed at all stages

Contact Unehasim Specialists

If you are selling an apartment with multiple owners in Haifa and want to retain the buyer and secure the transaction, the Unehasim team can help:

• check all documents and ownership rights
• collect consents from all owners
• support the deal from start to finish
• ensure a safe and transparent sale