Home Buying in 60661>Question Details

phkauff, Other/Just Looking in Chicago, IL

What is tic? I am trying to list office space for rent.

Asked by phkauff, Chicago, IL Mon Sep 23, 2013

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0 votes Thank Flag Link Tue Sep 24, 2013
The acronym “TIC”, which stands for tenancy in common and tenants in common
0 votes Thank Flag Link Mon Sep 23, 2013
An insect? lol

They are right, most likely tenants in common!
0 votes Thank Flag Link Mon Sep 23, 2013
It more than likely stands for Tenants in Common. However it could also be that the ( The Investor Controls ) . Hopefully this helps.
0 votes Thank Flag Link Mon Sep 23, 2013
Hi There ,

Tic refers to tenants in common. (TIC) agreement is used to establish the rights of people unrelated by marriage who own property together.

Daniel Mirea
Hometown Real Estate
773-814-2131
0 votes Thank Flag Link Mon Sep 23, 2013
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