Tenant in Common Investments – Real Estate or Securities?
Many Tenant in Common (TIC) deals have been under the control of the Securities and Exchange Commission (SEC) since 2002, which meant that only people with securities licenses could sell securitized TICs. However, because the goods being exchanged are real property, the National Association of Realtors (NAR) has been lobbying for an equal opportunity to sell securitized TICs. After much negotiation with the SEC, the lobbying efforts of NAR are finally paying off. It appears as though it is just a matter of time before real estate brokers will be able to offer securitized TIC deals to clients and receive a commission. Learn more at: www.NARexemption.com www.TICexemption.com Soon the NAR will have an equal opportunity to offer securitized TIC deals to their clients under the newly approved NAR exemption. Realtors and their clients will be looking at the attractive possibilities that this new TIC exemption will offer.