The TICking Bomb of Building Ownership

timebombOccasionally, we hear of a tragedy where a bomb explodes in a former war zone.  Likewise, in commercial real estate where most markets have recovered from the recession, there is a time bomb of building ownership that can be disastrous for office tenants.  That ownership structure is a TIC (Tenancy-In-Common).  In this post, I outline what is a TIC, the challenges they present and how tenants can safeguard their interests.

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