Parts of the common property
- Buying an apartment in Israel
- The Shared House
More about Kiryat Shmona
Each apartment in a shared house has an indefinite portion of the common property of that joint house.
The higher the share of a tenant in the common property, the more ‘rights’ he has in the shared property that belongs to all the apartment owners.
Thus, if building rights are granted to the shared building, then the rate of these rights will be according to the part of his share in the common property.