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Browse our investment glossary and get clear on key 1031 exchange, tax, financial, and investment-related terms.

What is Tenant-in-Common (TIC)? [Definition]

Tenant-in-Common (TIC) 
"Tenant-in-Common” (TIC) is a way of holding title to real estate in which each owner is deeded an undivided, fractional interest. Revenue Procedure 2002-22 increased the popularity of TIC investments by more-officially recognizing them as valid replacement properties for use in 1031 exchanges. [Click here to read more about the Tenant-in-Common ownership structure.]

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