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.
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.