There are many aspects of buying TIC's that are different than a condo or single family home. The financing is different, the management of the common area is different. You are just as much "buying into a relationship with others" as you are buying a space in a building. In Berkeley, they were popular in the '80's when the City imposed a moratorium on conversion of buildings to condominiums. Many lawsuits ensued (pun intended) due to the lack of info on the front end. Personally, I'm not a fan of them, but they have their place, depending on the circumstance.