Timeshare with title

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A new way to sell, or release some equity in your furnished, managed holiday home or apartment.

Is timeshare with title about to become the new affordable way to own and enjoy the Queensland holiday lifestyle?

The recent launch of the ticX trading exchange for tenant in common shares in real estate has opened up new and exciting ways to transact real estate. Not the least being ‘timeshare with title’.

What is timeshare with title? Timeshare with title (TwT) is not timeshare per se, it’s shared ownership where co-owners get to enjoy either time in the property or rental income. TwT is a real estate asset you own which can be willed, sold or mortgaged separately. This is enshrined in property law.

The fact is, not everyone wants to, needs to or can afford to own 100% of a holiday home or apartment. If you find you’re only using your holiday property 40% of the year, why not sell 60% of it to another family who can enjoy the usage of it for 60% of the year and just retain the 40%?

TwT is a real estate asset where each co-owner’s name and percentage owned is separately registered on title. As a TwT buyer you can stay/holiday in the property and/or receive rental income in proportion to the percentage of ownership purchased. With (traditional) timeshare you only have a right to use an allocation of time in the property.

TwT is simply a tenancy in common share of ownership. A tenancy in common is created when a property (or part of the property) is sold and is then owned by two or more co-owners in equal or unequal shares.

ticX is short for the Tenant in Common Exchange. ticX allows any property owner (or their agent) to sell to multiple buyers for occupation or investment as well as providing a trading platform for buyers & sellers of tenant in common shares.

For more information read our FAQ’s: https://ticx.com.au/helpticxwiki/

To access the ticXtra property details or to buy a property share you will need to be a subscriber. Subscription is FREE at: https://ticx.com.au/ticx_subscribe_now/

Only ticX members are able to post listings on ticX. If you want more listings, more sales & more properties under management, secure your Australian or New Zealand ticX membership today! https://ticx.com.au/ticx_expression/s and private vendors the power to seek sales via ticX opens up a whole new market to them.

A bid is a promise to purchase at the price you have offered. By placing a bid, you are stating that you have the ability and intention to purchase the share of ownership on offer for the amount of the bid if accepted by the owner.

Bidders may not engage in bidding with a purpose to manipulate (or attempt to manipulate) or otherwise adversely affect the perceived value of the property in the minds of those people registered to receive notification of the bid and you must not place a bid if you have no intention of purchasing the ownership share being offered.

If you have any questions about the property to which this ownership share relates, you should undertake your own due diligence and consult your financial advisor before making any investment decisions. If you choose to acquire the ownership share being offered, you do so entirely at your own risk.