figures approximate a 10% TIC share of US median house prices | AL $23,108 | AK $36,500 | AZ $35,260 | AR $27,880 | CA $78,693 | CO $55,262 | CT $42,600 | DE $38,820 | FL $41,000 | GA $33,360 | HI $85,670 | ID $45,950 | IL $26,590 | IN $24,389 | IA $23,000 | KS $23,000 | KY $21,000 | LA $18,100 | ME $45,000 | MD $68,500 | MA $63,000 | MI $25,500 | MN $33,900 | figures approximate a 10% TIC share of US median house prices | MS $18,500 | MO $25,200 | MT $47,500 | NE $25,100 | NV $45,900 | NH $48,300 | NJ $44,250 | NM $30,500 | NY $83,800 | NC $33,600 | ND $29,600 | OH $23,200 | OK $20,718 | OR $50,400 | PA $27,000 | RI $46,600 | SC $30,000 | SD $31,000 | TN $32,500 | TX $39,000 | UT $54,600 | VT $125,000 | VA $99,000 - WA $61,500 | WV $16,800 | WI $31,000 | WY $84,500

ticX@wiki

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ticX @ wiki

” here you will find the ticX expanded knowledge “

What is ticX ?

ticX is a trading platform for investors to directly acquire a share in a property with like-minded others, sharing expenses, rental income and capital value proportionate to the percentage held and registered on title. This is called shared ownership, co-ownership, tenancy in common or fractional ownership.

ticX is where you can de-risk your investment portfolio by only buying the  share of a property you can afford.

What is a ticX member ?

A ticX Member is an individual or organisation that takes up a Membership to the ticX platform. A ticX Member is able to list properties for sale  on the ticX trading platform and can do what others are legally excluded from doing, that is, offer any real estate for sale in the usual way and at the same time to two or more co-owners whichever occurs first.

What is Shared Ownership ?

Shared ownership is where two or more buyers can share in and de-risk their investment and ownership of a high-value tangible asset such as real estate.

If I purchase an Ownership Share, do I own Real Estate ?

Yes. Your ownership share is evidenced by a real estate deed. Buyers of ownership shares are the legal owners of the asset and their interest is separately registered on title as a co-owner.

How do I work with the other Co-owners ?

All co-owners must sign a ticX standard Tenant in Common Deed which establishes co-owner legal contractual rights and responsibilities to each other and their respective interests.

Who will manage the Property during the Term ?

A ticX listed property sold to co-owners will be managed by an experienced professional licensed property manager dedicated to the property to deliver the best possible return to the co-owners during the term of the investment.

How can I monitor my ticX Ownership Share ?

Co-owners can login at ticX.com.au/My_ticX to view income statements, condition reports and keep up to date with what’s happening with their property as well as monitor any ticX co-owner resales in the property.

What if I want to sell my Ownership Share ?

Each property in which an ownership share is purchased remains listed on the ticX trading platform for the term of the investment, which is usually 7 to 10 years.

Should any co-owner wish to sell, their ownership share it can be listed on the ticX trading platform for resale. Co-owners are able to login to view property reports and other relevant information. Potential buyers are able to make a bid to purchase an ownership share and/or monitor bids.

Will there be any debt over the property I invest in ?

Upon the sale of a property to two or more co-owners, unless all co-owners agree to mortgage the property, the property shall be free of all encumbrances.

I want to get my property ticX listed ?

To be legally able to offer any property as being ‘available for shared ownership’, the first step is to contact a ticX Member or establish your own Membership account

I want to buy an Ownership Share ?

The first step is to set up a ‘My ticX’ account

How is a tenancy in common created ?

A tenancy in common (shared ownership) is created when a property (or part of the property) is sold and is then owned by two or more persons in equal or unequal shares.

How many co-owners to a property ?

Generally, for a single residential property, the ideal number of co-owner investors would be from 2 to 6.
For a single commercial/industrial or rural property generally, the ideal number of co-owner investors would be from 2 to 12.

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