Shared Home Ownership Tips

Summary

In Israel, all three brothers can be registered as owners of the house. The property can be divided into shares, and the brother contributing more money can have a larger share. Consult a local attorney for detailed advice.

Full Conversation

Family of three brothers,
Hello ****. Can you please elaborate on the legal issue you and your brothers are facing? And can you also mention your location, as laws can vary greatly depending on the jurisdiction?
One of them want to buy a house, and two of them want to assist him with some money.
Hello ****, it seems like a shared ownership situation. Could you specify your location, as property laws may differ depending on the jurisdiction?
Israel
Hello ****, in Israel:
- All three brothers can be registered as owners.
- The house can be divided into shares.
- The brother giving more money can have a larger share.
Please consult a local attorney for detailed advice.