NEXT PAGE >> What is Tenants-in-Common (TIC)?
TIC ownership is a form of real estate asset ownership in
which two or more persons have an undivided, fractional interest in the asset,
where ownership shares are not required to be equal, and where ownership
interests can be inherited. Each co-owner receives an individual deed at closing
for his or her undivided percentage interest in the entire property. Through TIC
ownership, the average qualified owner of investment real estate is able to
enjoy ownership in an institutional-type property with a lower or smaller
investment.
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Felice “Lisa” K. Fletcher, Coldwell Banker James C.
Otton Real Estate, Inc.,
9626 2nd Ave.,
P.O. Box 68,
Stone Harbor, NJ 08247-1955
Office: (800) 708-5789 - (609)
368-4766 -
Cell: (215) 421-1704 -
FAX: (609) 368-4533 - Email:
lisa@lfletcher.com
Copyright © 2015 FELICE K. FLETCHER, STONE HARBOR, NJ - All rights reserved.