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WHY ARE TENANCY-IN-COMMON (TICs) UNITS EXCLUDED?

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WHY ARE TENANCY-IN-COMMON (TICs) UNITS EXCLUDED?

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Unlike residential condominiums and cooperative units, TICs do not have separate parcel numbers. A review of a single TIC unit is more complex. TIC owners can appeal their taxes by filing an Application for Changed Assessment with the Assessment Appeals Board beginning July 2, 2010 thru September 15, 2010.

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