---
title: "About · Tessaic"
description: "Tessaic LLC designs and governs a counsel-built framework for real-property co-ownership, with a corporate office in Santa Monica and operations in Cambodia through My First Corner."
url: https://tessaic.com/about/
---

# About Tessaic

A co-ownership program by Tessaic LLC. Santa Monica, California  ·  Phnom Penh, Cambodia.

Why the name: in ancient Rome, a tessera was three things: the tile set into a mosaic floor, a token you carried to prove a portion was yours, and a keepsake two families broke in half and reunited generations later to prove a bond. Tessaic is built on all three. Each owner holds a defined, registered fraction of one specific grouping of properties, building, or land, kept in their own name. Many pieces, one picture.

The framework is the product: registered interests, separated roles, an independent appraisal floor, and a documented exit, the same discipline on every asset. The principles are published openly; the legal blueprint lives in the ownership pack.

Tessaic has partnered with My First Corner, a licensed Cambodian real estate and architecture operator, as the exclusive sales and property-management partner for Tessaic assets in Cambodia. On every asset, the operating partner pays its own portion of costs like any co-owner and earns a separate, disclosed fee.

How we are different: every asset named and registered before a table opens; a small table (six to twelve equal co-owners on collections, up to thirty on larger single assets); an annual independent appraisal floor; transfer at will with no forced sale date.

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Tessaic offers direct fractional co-ownership of specific, identified properties in Cambodia. Tessaic is not a fund, a collective investment scheme, a security, or a managed investment product, and nothing on this site is an offer of, or a solicitation to acquire, any security or investment product in any jurisdiction. No co-ownership interest is offered or sold in the United States. Any rental, occupancy, or price figures shown describe historical, market-level data from the sources cited, are provided for general information only, are not a forecast, and are not a representation or guarantee of any return on any co-ownership interest. Property values and income can fall as well as rise. Co-ownership involves risk, including limited liquidity. Tax treatment depends on your individual circumstances and may change. We do not provide legal, financial, or tax advice. Obtain your own independent advice before acquiring any interest. Full structure, fees, and exit terms are set out in the ownership documents for each property.