“In Practice: New Rules, Newer TIC Products” published in The Recorder
By Hsiao (Mark) C. Mao and Jonathan H. Yee
(May 16, 2013)
The financial crisis in 2008 nearly spelled the death of the sale of tenancy in common interests, or TICs, as investment vehicles. TICs includes a number of different types of co-ownership interests (or fractionalized interests) in real estate. The term may refer to investments such as time shares, or more commonly these days, to real estate co-ownership with (or without) certain exclusive rights.