What are the common 1031 exchange terms, phrases and definitions?
There are numerous industry terms, phrases and definitions. We have accumulated many for your review. Please review our 1031 Tax-Deferred Exchange Glossary and Terms. If you do not find what you are looking for, please contact one of our national branch office locations for assistance or post your question to the Exeter Discussion Board. back to top What is a Tenant-In-Common Investment (TIC Investment) Historically, the tenant-in-common was a method of holding legal title to real property. The term tenant-in-common has more recently become synonymous with a fractional ownership in real property (or personal property) that you can acquire as your like-kind replacement property. Refer to our article entitled Brief Overview of Tenant-In-Common Investment Properties (TIC Property Interests) or our more in depth article entitled Evaluating Co-Ownership (CORE) or Tenant-in-Common (TIC) Interests in Real Estate for more complete information.
