Selling a share of your home for funding can sound like handing over the keys along with the money. On MyBrix’s fractional model, it isn’t — most of what “control” means day to day stays with you, and the parts that aren’t yet spelled out in public disclosures are worth naming rather than assuming.

Do I lose control of my home if I sell a share of it?

No — with one real limit worth naming up front. Selling Brix — MyBrix’s name for a fractional economic interest in your property — does not transfer legal title or end your right to live in the home. You remain the registered legal owner throughout, you keep living in the home, and you keep the costs that come with owning it: rates, insurance, maintenance (as at July 2026, MyBrix Product Disclosure Statement).

Two of the biggest decisions also stay yours: you can sell the property at any time, and you can buy back the Brix you sold at any time, at a price agreed before you ever listed. The limit is this: letting the home out — renting or subletting it — isn’t a decision you make on your own.

MyBrix’s published terms require its approval or facilitation before the property is rented out. Renovating, by contrast, isn’t something those terms gate. Both are set out in full below, rather than assumed away.

What ownership and occupancy rights do you keep?

Each MyBrix property is divided into 10,000 Brix, together representing the property’s economic benefits — its future net sale proceeds and, where the home is rented, net rental proceeds. A Brix is a financial product under Chapter 7 of the Corporations Act 2001 (Cth): a fractional economic interest, not ownership of the property and not a loan (as at July 2026).

Selling Brix doesn’t touch the title. You remain the registered legal owner, and selling Brix does not affect your occupancy rights — you keep living in the home, and you keep the responsibilities that go with it: rates, insurance, maintenance. A first-ranking mortgage is intended to be registered at settlement, held on trust for all Brix holders — security for the arrangement, not a lender’s say over how you use the property.

Staying in the home isn’t necessarily free of charge to the arrangement, either. Where agreed, an occupation fee of 0.2%–0.5% per month of the funded amount applies, distributed monthly to Brix holders other than you (as at July 2026).

You also keep a financial stake, not just a legal one. Once funding completes, you must retain a minimum Brix holding — generally 20%, or 2,000 of the 10,000 Brix, though lower holdings such as 10% may be approved case by case (as at July 2026). That minimum keeps you exposed to the property’s value alongside the investors who bought in, rather than selling out of it entirely.

What decisions do you keep about selling or ending the arrangement?

Two of the biggest decisions stay yours. You may sell the property at any time during the arrangement (as at July 2026) — the same right that comes with staying the registered legal owner throughout. You may also buy back Brix at any time, at a price set before the listing began, so you know the buyback terms before you sell a single one.

You aren’t expected to buy back everything within the arrangement’s term, either. The maximum term is 10 years, shorter by agreement: at the end of it, you either buy back the Brix still outstanding at the pre-agreed price, or the property is sold at market value and the proceeds are split proportionally across all Brix holders.

Control and entitlement are two different things, though, and it’s worth keeping them apart. Once Brix are sold, the economic benefits attached to them — including any share of future growth — belong to the investors who hold them, permanently, unless you buy them back. Selling Brix gives up the second of those two things, not the first.

What about renovations, subletting or renting the home out?

Here the answer splits, and it’s worth being exact about which way each part falls.

Renting or subletting the home out does involve MyBrix. The fee schedule is explicit: if the property is rented out, long or short term, without approval or facilitation by MyBrix, an “Unauthorised Rental Fee” of market rent plus 50% applies, backdated to the start of the arrangement (as at July 2026). Converting the home from owner-occupied to a rental is a formal step in its own right — it carries a fee of 1.0% of current market value, and the fee covers MyBrix liaising with Brix holders and setting up rental agency agreements. So letting the home out isn’t a call you make alone: it’s one you arrange with MyBrix’s approval or facilitation first.

Renovating is different. The published terms treat a renovation as the owner’s own responsibility and cost, and they don’t say you need MyBrix’s or Brix holders’ consent before carrying one out. They also don’t say you don’t — the terms are simply silent on renovation consent, in either direction. Any requirement of that kind, if one exists, would sit in the Participation Agreement or the mortgage documentation, which aren’t public, so it’s worth confirming with MyBrix before assuming either answer.

How does this compare with a reverse mortgage or home reversion?

Selling Brix is one of several ways to raise money from a home without a full sale, and the control question looks different depending on which one you’re weighing. A reverse mortgage is a loan, not a sale — the home stays entirely yours, secured against a debt that compounds until it’s repaid, usually when the home is eventually sold. Home reversion is the closer parallel: like a Brix sale, it exchanges a share of future value for money now, with no interest charged because there’s no debt, and the owner generally continues living in the home.

	Reverse mortgage	Home reversion	Selling Brix (MyBrix)
Legal title	Stays with you	Set by the provider’s contract	Stays with you
Occupancy	Yours throughout	Generally continues	Unaffected by selling Brix
Interest or debt	Compounds until repaid	None — it’s a sale	None — it’s a sale
Selling the property	Your decision	Set by the provider’s contract	Yours, at any time
Renting or subletting out	Check your contract	Check your contract	Needs MyBrix’s approval
Renovating	Check your contract	Check your contract	Not addressed in the terms

Assumptions: the reverse mortgage and home reversion rows describe the general structures set out by Moneysmart — ASIC’s free consumer website; individual lender and provider contracts vary and are the real source of truth for what each one allows. For MyBrix, the published terms do address renting the property out — it requires MyBrix’s approval or facilitation — but they don’t spell out a consent process for renovating, which the terms leave to the owner as their own cost. Read the relevant agreement before assuming either way, on any of the three. Our guide to reverse mortgage vs selling a share of your home sets the loan-versus-sale comparison out in full, and our guide to fractional property funding covers how a Brix sale works end to end.

Where can you check the full terms?

The complete occupancy, exit and fee terms sit in the Product Disclosure Statement and Target Market Determination at mybrix.com.au — read them before listing a property, and ask MyBrix directly about any decision right the documents don’t spell out. This is general information, not a recommendation: whether selling a share of your home suits your situation, and on what terms, is a question for a licensed financial adviser. For the wider field of non-debt ways to access home equity, see our guide to accessing home equity without a loan.