Australia's Property Co-Ownership Marketplace
Proptic is Australia's end-to-end platform for Tenants in Common (TIC) property co-ownership — from discovering opportunities and structuring ownership, to coordinating professionals, managing governance, and tracking your portfolio. All financial settlements are handled by your licensed legal representatives.
What is Tenants in Common?
A well-established legal structure for property co-ownership in Australia
Tenants in Common (TIC) is a legal form of property co-ownership where two or more parties hold defined percentage shares in a property with registered title. Each owner's name appears on the property title at the land registry, and each can independently sell, transfer, or bequeath their registered share. Unlike joint tenancy, shares can be unequal — for example, three owners might hold 50%, 30%, and 20% respectively.
TIC is backed by over 160 years of Australian property law under the Torrens title system, providing clear legal protections and established precedents. It's commonly used by family members, business partners, and property owners who want direct registered property ownership with flexibility.
Direct Title Ownership
Your name goes directly on the property title. You're a registered owner with real property rights, not just a unit holder or beneficiary.
Flexible Share Sizes
Own any percentage from 1% to 99%. Shares can be unequal between co-owners, accommodating different contribution levels.
Independent Control
Sell, transfer, or bequeath your share independently (subject to any co-owner agreement). No need for unanimous consent to exit.
Step-by-Step Guide
Whether you're buying or selling, here's exactly how the process works
Create Your Free Account
Sign up in minutes with your email and start exploring TIC property opportunities immediately.
- Provide basic personal information
- Set your property preferences
- Start browsing listings instantly
- Contact sellers and create deal rooms
Browse & Search Listings
Explore TIC property shares across Australia. Use filters to find opportunities matching your preferences.
- Filter by location, property type, share size
- View detailed property information and photos
- See seller verification status
- Save favourite listings for later
Review Listing Details
Examine property information, share percentage, asking price, and seller details before making contact.
- Review property specifications and features
- Check if title documents are verified
- Understand the share percentage offered
- Note that all values are estimates only
Send Enquiries to Sellers
Use our secure messaging to contact sellers, ask questions, and express your interest in their listing.
- Ask questions about the property
- Request additional information or photos
- Discuss your interest and timeline
- All messages are logged for your records
Coordinate in a Deal Room
Open a Deal Room to bring together your co-owners, lawyer, conveyancer, and broker in one structured workspace.
- Share documents securely with all parties
- Track milestones and transaction stages
- Structured messaging logs for all participants
- Invite your legal and finance professionals
Settle Through Your Professionals
Your licensed conveyancer handles title transfer, contracts, and settlement. Proptic coordinates the workflow — your professionals handle the legal and financial execution.
- Your lawyer drafts or reviews the TIC agreement
- Conveyancer conducts title searches and lodgement
- All funds held in conveyancer trust accounts
- Settlement completed via PEXA or traditional channels
How TIC Can Work For You
Tenants in Common is a versatile ownership structure solving real problems for homeowners, investors, developers, and agents
For Homeowners
Equity Release Without Moving
Sell a share of your home to unlock capital while staying in the property. Perfect for retirees who want to access equity without downsizing or relocating.
Age in Place with Financial Security
Elderly homeowners can sell a portion of their property to fund retirement, medical costs, or aged care while maintaining their independence and familiar surroundings.
Gradual Inheritance Planning
Transfer portions of property ownership to family members over time while retaining control. Test family dynamics before full transfer and reduce stamp duty exposure.
Renovate Without Debt
Sell a share to fund major renovations, extensions, or repairs without taking out loans. Improve your living standards using your property's equity.
Divorce & Separation Solutions
One party buys out the other's share over time, or both can sell their shares separately. More flexible than forced sale of the family home.
Consolidate Debts
Release equity by selling a share to pay off high-interest debts, credit cards, or personal loans. Keep your home while improving cash flow.
For Property Purchasers
Lower Entry Point
Purchase 10%, 25%, or 50% registered title ownership of a property instead of 100%. Access premium locations previously out of reach with smaller capital outlay.
Geographic Diversification
Spread capital across multiple property locations instead of one. Own registered shares in properties across different cities and suburbs.
Multiple Property Ownership
Own registered shares in multiple properties rather than single full ownership. Spread capital across different locations and property types.
Sale Flexibility
Sell your registered share independently (subject to co-ownership agreement terms). Private sale of smaller value shares may attract more potential purchasers.
Access Different Markets
Purchase property shares in different geographic areas. Own real estate in multiple locations with smaller individual capital outlays.
Spread Ownership
Own smaller shares in multiple properties rather than full ownership of one. Property-specific issues affect only a portion of your holdings.
For Property Developers
Expand Your Buyer Pool
Market properties to 10 purchasers at $150k each instead of 1 purchaser at $1.5M. Reach buyers with smaller budgets who are typically excluded from premium developments.
Faster Project Completion
Sell multiple shares simultaneously rather than waiting for single large buyers. Reduce holding costs and accelerate cash flow for your next project.
Make Premium Projects Viable
Offer partial ownership in high-end properties that have limited buyer pools. Sell $5M penthouses as multiple registered TIC shares at $500k per 10% ownership.
Unlock Stalled Projects
Breathe life into developments that haven't sold. Offer fractional ownership to attract investors who couldn't afford full purchase prices.
For Real Estate Agents & Professionals
More Listings
Help clients who don't want to sell entirely but need capital. Offer TIC as a solution for equity release, inheritance planning, or separation.
Multiple Sales Opportunities
Facilitate multiple property share transactions. Each registered TIC share transfer generates conveyancing and sales fees.
Niche Specialisation
Become the go-to expert for TIC transactions in your area. Differentiate from competitors with specialised knowledge and service offerings.
Grow Client Base
Access purchasers who were previously priced out. Buyers of smaller property shares often purchase additional shares over time.
Service Expansion for Lawyers
Conveyancers and lawyers gain recurring clients for TIC agreements, share transfers, and co-ownership disputes. Specialised legal work commands premium fees.
Cross-Sell Opportunities
Mortgage brokers, accountants, and financial advisors can offer TIC as part of holistic wealth strategies. Generate referral income across services.
Real-World TIC Scenarios
See how Tenants in Common solves real property challenges across Australia
Scenario: Retiree Equity Release
Margaret, 72, Sydney Northern Beaches: Margaret owns a $2.5M home outright but has limited retirement savings. She wants to stay in her beloved home near family. She privately sells a 30% registered TIC share for $750k to another property owner. Margaret continues living in the home and uses the funds for retirement income and medical expenses. The purchaser receives registered title to 30% ownership. Margaret retains control, avoids moving, and maintains her community connections. All arrangements handled through conveyancers.
Scenario: First-Time Investor Portfolio Building
James, 28, Melbourne: James has $200k saved but struggles to buy full properties in desirable areas. Through private sales, he purchases 25% registered title ownership in 4 different properties across Melbourne, Brisbane, and Sydney suburbs. His $200k capital provides registered ownership interest in $800k worth of property across multiple locations. Each purchase completed through a licensed conveyancer with proper legal documentation. He owns direct title to percentage shares in 4 separate properties rather than full ownership of one.
Scenario: Developer Fast Sales
Brisbane Developer: A boutique developer completes 3 luxury apartments at $1.8M each but struggles to find purchasers in a slow market. They offer registered TIC shares at 10% ownership for $180k each. Within 60 days, through private sales, they sell shares to 15 purchasers. Each buyer receives registered title ownership. The developer exits with full payment, purchasers own registered property shares, and ongoing management is handled through professional property managers. All conveyancing completed by licensed conveyancers.
Scenario: Family Separation Solution
Sarah & Tom, Perth: Divorcing couple with $1.2M family home. Tom wants to stay for the children, Sarah wants her equity out. Sarah lists her 50% registered share on Proptic and through private sale sells to another property owner for $600k. Tom remains in the home with the children, maintaining stability. The purchaser receives registered title to 50% ownership under a TIC agreement with clear terms drafted by lawyers. Everyone achieves their goals without a forced sale. All handled through licensed conveyancers.
What Proptic Does & Doesn't Do
Clear boundaries to protect you and ensure compliance
List & Discover TIC Opportunities
Host verified property share listings searchable by location, type, and share size
Secure Deal Rooms
Structured workspaces for buyers, sellers, lawyers, and conveyancers to coordinate transactions
TIC Partner Matching
Match compatible co-ownership partners based on goals, budget, and risk profile
Ownership Structure Wizard
Model Direct TIC, Managed TIC, and Unit Trust structures with financial scenarios
AI Tools & Legal Tech
AI-powered property insights, document generators, and legal research assistance
Governance Centre
Digital voting, proposal management, and co-owner decision tracking for active TIC groups
Property Management Tools
Issue tracking, maintenance coordination, and financial reporting for TIC property owners
Verified Professional Directory
Licence-checked lawyers, conveyancers, brokers, accountants, and advisors specialising in TIC
Identity & Title Verification
KYC and title document review to build marketplace trust
Provide Financial or Legal Advice
Platform tools are informational only — your licensed advisors provide the advice
Hold or Process Funds
All deposits, payments, and settlement funds are handled exclusively by licensed conveyancers and lawyers
Execute Legal Contracts
TIC agreements and contracts of sale are drafted and executed by your legal representatives
Project Returns or Yields
We make no representations about property performance, capital growth, or income
Act as Your Agent
Proptic is a platform provider — we are not your broker, agent, or representative
Operate a Financial Market
This is not a trading exchange — all sales are private transactions between individual parties
Trust & Safety
How we help create a trustworthy marketplace
Secure Platform
All users create verified accounts with secure messaging and encrypted communications.
Title Verification
Sellers can upload ownership documents for review to earn a 'Verified' badge.
Secure Messaging
All communications are encrypted and logged for your protection and records.
Professional Directory
Find verified lawyers and conveyancers to help with your transaction.
Why TIC is a Proven Ownership Structure
A flexible, legally established method of property co-ownership under Australian law
160+ Years of Law
Established legal framework under Australian property law with clear precedents
Lower Capital Required
Access premium properties with a fraction of full purchase price
Independent Control
Sell, transfer, or bequeath your share without unanimous co-owner consent
True Ownership
Your name on the title with real property rights, not units or beneficiary interests
Frequently Asked Questions
Common questions about Proptic and TIC co-ownership
Platform Features
A comprehensive toolkit for TIC transactions, management and co-ownership governance
Secure Deal Rooms
Collaborative spaces for buyers, sellers, lawyers and conveyancers to coordinate documents, timelines and communications.
AI Tools & Legal Tech
AI-powered property insights, document generators, and legal research assistants to support your TIC transaction.
TIC Partner Matching
Find compatible co-ownership partners with matching investment goals, budgets and risk profiles.
Governance Centre
Digital voting on co-ownership proposals, decision tracking and co-owner communications for existing TIC groups.
Ownership Wizard
Step-by-step tool to model and compare TIC ownership structures including Direct TIC, Managed TIC and Unit Trusts.
Property Management
Issue tracking, maintenance coordination, and financial reporting tools for active TIC property owners.
Disclaimer: Proptic Pty Ltd provides digital infrastructure for TIC co-ownership coordination. We are not licensed to provide financial product advice, legal advice, or real estate advice. We do not hold funds, execute contracts, or settle transactions. All financial settlements are processed exclusively by licensed conveyancers or lawyers in trust accounts.
Each property purchase is a private sale between buyer and seller, completed through licensed conveyancers. Proptic makes no representations about property values, capital growth, rental returns, or investment suitability. Users must conduct independent due diligence and seek their own legal, financial, and conveyancing advice. TIC ownership involves direct registered title to real property — it is not a financial product or managed investment scheme.
