T.I.C.A.N'S PARADISE



                                         TENANCY IN COMMON AU NATURAL
                                                                                                         
Leaving The U.S. 9 years ago in my search to find and purchase an exotic, affordable beach paradise for my naturalist lifestyle; I can now say at last  “I’ve found it”.  Not a day goes by that I don’t think about my au natural walks in absolute tranquility and freedom, while totally enjoying and appreciating the surrounding beauty, along this tropical South Pacific island paradise.

The only reason I am not relaxing on this reef protected, splendid piece of earth at this very moment is due to its size. This beach paradise is comprised of 4 acres; which is more than I can afford before the liquidation of several of my assets. The owners are not amenable to subdividing and selling me the area I can afford. They respectfully responded with the words “All or nothing.”

Ironically, those very same words have become my motivation and new philosophy in consummating the acquisition of “Paradise”. Not that I am or have ever been a selfish person but my original dreams only envisioned me alone in paradise. However, I now realize in order for me to own a share of Paradise, the reality is I have no other choice but to share it with other Nudist/Naturalist, in a “Tenancy In Common” arraignment (TIC)

The fact is, this beachfront property is technically not for sale, only for lease on a long term basis. The "purchase" will technically be that of Leasehold. This Leasehold is for a period of 20 years with an automatic 20 year renewal clause; with annual lease payments of less than $1,000.

A Tenancy In Common (TIC) is when two or more people co-own an undivided parcel of real estate. A property deed is issued to show each co-owner’s percentage of ownership. As in the case of “Paradise”, there will be a total of 50 co-owners, co-owning the leasehold. Subsequently, each co-owner will be issued a government notarized and recorded property deed showing a 2 percent Leasehold ownership share, for a total 100 percent ownership.

A (TIC) does not allow for the right of survivorship. In other words, in the event of a co-owner’s passing, the recorded percentage of ownership is not passed on to the other co-owners, instead it is passed on to those designated in  a co-owner’s will. If there is no will (intestate), ownership interest will be passed on to co-owner’s closest living relative.

In a (TIC), co-owners have the right to resell their recorded percentage at anytime he/she desires. This percentage may be sold at any price the market demands.

First Right of Refusal
In my passionate desire to acquire this pristine, absolute beachfront property, my first goal was to keep it from being sold (Leased) to anyone else. Two weeks ago (April 17, 2009) I paid U.S. $5,000 to the owners for a 6 month First Right of Refusal Agreement. This allows me 30 days to match any legitimate offers they receive deposits with. Deposits would have to be deposited with a trusted and already designated, mutually agreed upon law firm in the capital, which will hold these deposits in a Real Estate Trust. 

My rational was I would have additional time to liquidate some of my assets in order to come forward with the required funds or have additional time to interest others to participate.



I spoke with a good friend of mine (James M. also a naturalist) and he agreed to accompany me to “Paradise” on my next trip, which he did. He was enthralled with what he saw as I was. He said he would be interested in becoming involved in T.I.C.A.N. if his investment would be less than $50,000.

Well, we came in at only $27,000. This amount included a 2 percent co-ownership in a pristine beachfront property plus a beach bungalow.





T.I.C.A.N.

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