Understanding TIC
How the TIC exchange
actually works
Tenancy in Common is one of the most flexible forms of property ownership in existence — and it has been enshrined in Australian property law for centuries. ticx.com.au is built on one simple idea: if shares in a company can be traded on an exchange, so can shares in real property.
The basics
What is Tenancy in Common?
Tenancy in Common (TIC) is a legal form of co-ownership of real property recognised in all Australian states and territories, as well as most common law jurisdictions globally. Unlike joint tenancy, each TIC co-owner holds a defined, separate, and independently tradeable share of the property.
There is no minimum share size prescribed by law. One co-owner might hold 10%, another 40%, another 50% — any combination that adds to 100% is valid. Each owner can sell, transfer, or mortgage their individual share independently, without requiring the consent of other co-owners.
This is what makes TIC fundamentally different from joint tenancy — and what makes a TIC exchange possible.
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Separate legal ownership
Each co-owner holds a distinct title interest registered on the title deed. Your share is yours — not shared with anyone else's creditors or estate.
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Independently tradeable
Any co-owner can sell their share at any time without the consent of other co-owners. No lock-in, no forced exit.
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Separately mortgageable
A TIC share can be used as security for a loan independently — no joint liability with other co-owners. This is enshrined in Australian property law.
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Any percentage share
Hold 10%, 25%, 50% or more. Entry-level investors can participate in properties they could never afford outright — from as little as a 10% share.
The exchange model
Like a stock exchange — but the asset is real property
01
A TIC share is listed
A vendor or their agent lists a TIC share for sale on ticx.com.au for a modest annual fee. They set the asking price and share percentage. Your listing reaches buyers across Australia.
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02
Buyers submit bids
Interested buyers submit a bid offer through the platform. The bid goes directly to the vendor or their agent — no transaction occurs on ticx.com.au itself.
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03
Bid alerts keep the market alive
Any interested party can register for bid alerts on a listing. When a new bid is submitted, they're notified — giving them the opportunity to place a competing counter bid.
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04
The property stays listed
Once purchased by TIC co-owners, the property remains listed permanently — just like a company stays on the stock exchange after its IPO. It's the shares that trade, not the property.
The IPO analogy
Why we think of this as a property stock exchange
Stock exchange (ASX)
A company lists shares via an IPO
Shareholders buy and sell shares freely
The company stays listed after the IPO
New shareholders can join at any time
Existing shareholders can exit at any time
Share price reflects market demand
ticx.com.au
A property is listed for TIC purchase
Co-owners buy and sell their shares freely
The property stays listed after first sale
New co-owners can join at any time
Existing co-owners can exit at any time
Bid prices reflect market demand
For real estate agents
Why TIC listings benefit agents
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New deal structures - new commissions
A seller's agent earns commission from the vendor when a TIC share sells. A buyer's agent earns commission from each TIC purchaser in a syndicate. Both agents benefit from an ongoing resale pipeline as co-owners eventually exit and new buyers take their place.
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Ongoing resale pipeline
Every TIC property stays listed permanently. When any co-owner wants to sell their share, that's a resale opportunity. Your relationship with the property never ends.
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More buyers for every listing
TIC opens your listings to buyers who can't afford sole ownership. Every property becomes accessible to a much larger pool of potential purchasers.
Ready to trade a TIC share?
Browse active listings on the exchange, or list your own TIC share for A$99 per annum.