Real Estate

Can co-owners agree not to sell for many years?

Co-owners can agree to postpone dissolution of co-ownership, but Israeli courts will not enforce such an agreement for a period longer than five years. After five years, the agreement can be renewed. Even within the agreed period, a court can override the postponement if it is causing serious hardship to a co-owner who wants out — for example, if the property has become an urgent financial burden or circumstances have fundamentally changed.

From the full guide: Co-Ownership of Property in Israel: Rights, Disputes, and Forced Sale


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