Everything you need to
know about TIC.

ticx.com.au is Australia's only dedicated marketplace for buying and selling Tenancy in Common (TIC) shares in real property. The platform allows a property owner, or their agent, to offer a property to multiple buyers for occupation or investment — making property ownership more accessible and affordable.

Buying a TIC share requires less capital than purchasing an entire property. ticx.com.au enables investors to buy an affordable share in a property, sharing expenses, rental income and capital growth in proportion to the percentage held. Each co-owner holds a separate legal title and can arrange their own financing independently.

A property share is created when a property, or part of the property, is sold and purchased by two or more co-owners as tenants in common in separate equal or unequal shares. Each co-owner's interest is separately registered on title.

Simply click the SELL button on the ticx.com.au property listing. The agent handling the property will be notified directly and will list your TIC share for resale on the exchange. ticx.com.au properties remain listed permanently to facilitate exactly this kind of secondary trading.

Owning a TIC share is just as secure as owning a whole property. You will be registered on title as the owner of your tenant in common share. A TIC share can be willed (bequeathed), sold, or mortgaged independently — without requiring the consent of other co-owners. This right is enshrined in Australian property law.

This depends on whether the share was purchased for occupation or investment. A property sold to investors will usually be managed by an experienced local professional property manager or resident letting agent dedicated to the property, to deliver the best possible return to co-owners for the term of the investment.

Upon the sale of a property to two or more co-owners, unless all co-owners agree to mortgage the whole property, the property shall be free of all encumbrances. Each co-owner arranges their own individual financing against their share only — there is no joint liability between co-owners.

Attached to the purchase contract will be a Tenancy in Common (TIC) Deed which sets out each co-owner's rights and responsibilities, as well as a dispute resolution procedure. All co-owners are required to execute this Deed in the standard form without alteration.

Properties available for shared ownership are listed on the ticx.com.au exchange. Participating properties may also display the ticX Listed logo on signage or advertising material. Simply browse the exchange at ticx.com.au/exchange to see all current listings.

TICX Pty Ltd has developed a unique and legally compliant method of marketing the shared ownership of residential, commercial and rural property. The ticx.com.au trading platform is where properties can be offered as being available for shared ownership. Whilst buyers have always been able to purchase a property as tenants in common, ticX agent members are in the unique position of being able to offer any ticX-listed property to multiple buyers.

There is no legal limit on the number of TIC co-owners a property can have. The practical limit is determined by the ratio of the cost of the TIC share being purchased compared to the associated purchase costs such as stamp duty and legal fees.

The TIC Deed is the foundational co-ownership agreement. Follow these steps:

Step 1 — Date the Deed where provided on the heading page.

Step 2 — Complete IN FULL the details required in Item 1 and Item 2 of the First Schedule, together with the Managing Agent details in Item 4 of the First Schedule. Note: Item 4 gives property managers and letting agents the opportunity to secure a long-term management arrangement by inserting their details here.

Step 3 — On the Execution page following the First Schedule, insert the date of the TIC co-owners deed and have the TIC co-owner sign — then witness their signature.

Note: Annexures A, B and C are to be attached to the TIC Deed after the Execution page. Annexure B (Purchasers Deed) is to be left blank as it is for use ONLY on a resale of a TIC co-owner's interest. The Purchaser's Deed (Annexure B) is for a resale of a TIC share where the previous co-owner is opting out and the new co-owner is opting in. This is NOT a Contract of Sale but will accompany the Contract of Sale.

Important: All parties to a TIC Deed, including any new investor replacing a co-owner, shall be required to execute a TIC Deed in the required standard form without alteration or amendment of any kind.

There are two common types of co-ownership of land in Australia. Joint tenancy involves the right of survivorship — if one co-owner dies, the other is automatically entitled to the deceased person's share of the land. Tenancy in common is different: each investor is registered on title as a tenant-in-common fractional owner with a separate and distinct share in the property that can be willed, sold or mortgaged independently. A tenancy in common is created when a property is sold and owned by two or more persons in equal or unequal shares, with each co-owner's interest separately registered on title.

Settlement will occur once a take-up commitment of 100% is achieved. This can include the vendor retaining a share as a co-owner.