Templates & Checklists
Resources to help you navigate TIC co-ownership
IMPORTANT LEGAL DISCLAIMER: These templates and checklists are for informational purposes only and do NOT constitute legal advice. They are generic frameworks that must be reviewed, customised, and validated by qualified legal professionals before use. Do not rely on these templates as binding legal documents.
Checklists
TIC Buyer Due Diligence Checklist
Essential checks before purchasing a TIC share
Free
Includes:
- •Review existing TIC agreement
- •Conduct title search
- •Verify ownership percentages
- •Review property inspection reports
- •Check council and water rates
- ...and 5 more items
TIC Seller Preparation Checklist
Steps to prepare your TIC share for sale
Free
Includes:
- •Gather all ownership documents
- •Obtain recent property valuation
- •Prepare list of recent improvements
- •Collect maintenance records
- •Review TIC agreement terms
- ...and 5 more items
Communication
Co-Owner Communication Protocol
Guidelines for effective co-owner communication
Free
Includes:
- •Establish regular meeting schedule
- •Define decision-making processes
- •Set response time expectations
- •Create shared document repository
- •Establish emergency contact procedures
- ...and 5 more items
Responsibilities
Maintenance Responsibility Matrix
Sample framework for allocating property maintenance duties
Free
Includes:
- •Emergency repairs: All owners equally
- •Routine maintenance: Shared by percentage
- •Improvements: Per agreement or vote
- •Insurance: Shared by percentage
- •Council rates: Shared by percentage
- ...and 5 more items
Legal
Sample TIC Agreement Outline
High-level structure for a TIC agreement (not legal advice)
Free
Includes:
- •Parties and ownership percentages
- •Property description and title details
- •Financial contributions schedule
- •Decision-making procedures
- •Dispute resolution mechanism
- ...and 7 more items
Need Custom Documents? These templates provide general frameworks only. For binding legal documents tailored to your specific situation, consult our Professional Directory to find qualified lawyers and conveyancers.
