Tenancy in Common

Tenancy in Common (TIC) in Commercial Real Estate

Tenancy in Common (TIC) in Commercial Real Estate

Tenancy in common (TIC) is a type of commercial real estate ownership structure in which more than one party owns a specific property. Tenancy in common can make it easier for commercial real estate borrowers to get financing for a property, but can cause a variety of legal and practical complications if property owners are not careful.