O'Brien Commercial

Pure. Tenant and Corporate Representation.

Tenant in Common (TIC)

A type of property ownership where two or more parties own undivided interests in the property, which may or may not be equal interests, but their right to use the property is equal.  A TIC is different than joint tenancy in that there is no right of survivorship, meaning that upon death of a party in a TIC, their interests are passed along in accordance with their estate.

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