PROPTIC

TIC Governance Centre

Vote on expenses, maintenance, sales, and resolutions with your co-owners

No Co-Owned Properties Yet

You need to hold a property share to participate in governance votes. Scroll down to see a full working preview.

✦ FEATURE PREVIEW — EXAMPLE DATA

See Governance Centre in Action

Co-owners vote on expenses, maintenance, lease renewals, refinancing, and even selling — all with clear majority thresholds enforced automatically. Here's what your proposal feed looks like.

Raise a Proposal

Any co-owner can create a proposal — maintenance, expense, rule change, or sale. The system auto-applies the correct voting threshold.

Co-Owners Vote

Votes are weighted by ownership percentage. Simple majority for routine items, super-majority or unanimous for major decisions.

Automatic Outcome

The platform tallies votes in real-time and marks proposals Passed or Rejected. Full audit trail for every decision.

Automatic Voting Thresholds

Simple Majority — 50%

Routine expenses under $10k, maintenance tasks, general housekeeping

Super Majority — 75%

Major expenses over $10k, refinancing, rule changes, lease agreements

Unanimous — 100%

Selling the property, structural alterations, title changes

Open for Voting (2)

Replace hot water system — Unit 1

Open for Voting

Maintenance Approval · Proposed by Sarah Johnson

Simple MajorityRoutine matters under $10k

The hot water system is 14 years old and has failed twice this quarter. Obtaining 3 quotes — expected cost $3,200–$4,500. Proposing approval up to $4,500 from shared maintenance reserve.

Amount:$4,500
65% of ownership votedSimple Majority
2 votes (65%) 0 votes (0%)
Voting closes 30 Jun 2025 at 11:59 pm

Sell the property — market conditions favourable

Open for Voting

Sale Proposal · Proposed by Mark Thompson

Unanimous (100%)Selling or structural changes

Current market valuation indicates a 28% capital gain since acquisition. Proposing we list the property for sale at $1.85M. All co-owners must agree — unanimous vote required.

Amount:$1,850,000
30% of ownership votedUnanimous (100%)
1 votes (30%) 0 votes (0%)
Voting closes 15 Jul 2025 at 5:00 pm

Closed Proposals (2)

Engage professional photographer for re-leasing

Passed

Expense Approval · Proposed by You

Simple MajorityRoutine matters under $10k

Current tenancy expires 31 Aug. Proposed to hire a professional photographer ($420) to maximise rental yield on re-lease. Split as per ownership percentages.

Amount:$420
70% of ownership votedSimple Majority
2 votes (70%) 0 votes (0%)
Proposal Passed — action approved

Appoint a dedicated property manager

Rejected

General Resolution · Proposed by Sarah Johnson

Simple MajorityRoutine matters under $10k

Proposing we engage Local Realty PM at 7.5% of gross rent for full property management including tenant screening, maintenance coordination, and rent collection.

100% of ownership votedSimple Majority
1 votes (35%) 2 votes (65%)
Proposal Rejected by co-owners

✦ All data above is illustrative. Your real proposals appear once you hold a co-ownership share.

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