
What is a TIC?
Tenancy in Common (TIC) is a type of property ownership that allows multiple people to co-own a property, while having exclusive rights to their individual unit. Rather than buying a condo, you own a fraction of the entire property, secured by a legal document known as the TIC Agreement.
Think of it like condo living, just more accessible.
Each Culver City unit includes:
Private entrance
Outdoor space or patio
Separate kitchen, bath, laundry
Individual utility meters