1031 Vocabulary
Tenancy-in-common (TIC)
A co-ownership arrangement in which multiple parties own undivided interests in a single piece of property. TIC interests have become popular replacement property for section 1031 exchangers.
 
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Monday, 08 September 2008
Tenancy-in-common (TIC) PDF Print E-mail
A co-ownership arrangement in which multiple parties own undivided interests in a single piece of property. TIC interests have become popular replacement property for section 1031 exchangers.
 
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