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What is TIC Ownership?

A Tenants-in-Common (TIC) property allows you to own a unit in a multi-family building or property at a more affordable price than a condo or single family home. While you co-own the entire property with other buyers, you have exclusive rights to your unit—just like in a condo.

TICs are a growing homeownership option in Los Angeles, offering renters a path to build equity and invest in their future.

Why Choose TIC?

TICs fill a much needed gap in the Los Angeles market as an option for buyers who want the personal feel of a condo or single family home at a more affordable price point.

More Affordable Than Condos — TICs are typically 10-15% lower in price than comparable condos.

Smaller, Community-Oriented Buildings — Unlike large condo complexes, TICs are often charming duplexes, triplexes, or small communities.

Lower HOA Dues — Shared costs remain low, while covering typical homeowner expenses such as insurance, water and property maintenance.

Tax Benefits — TIC owners receive the same tax deductions and financial perks as traditional homeowners.

How Does TIC Work?

Each TIC owner holds a fractional interest in the property while having exclusive rights to their specific unit. A TIC agreement governs the co-ownership structure, outlining responsibilities and shared expenses.

Unlike condos, TICs require fractional home loans—offered by select lenders—which function similarly to traditional mortgages. These loans ensure that each owner has an independent mortgage, separate from the other co-owners, allowing full control over the resale of their property.

TIC owners also have the flexibility to take title in any way they choose and can deed their property to heirs, just as they would with a single-family home or condo.

With the exception of requiring a fractional loan, TIC ownership mirrors traditional home or condo ownership, providing homeowners with the same long-term benefits of equity building, financial security, and property appreciation.

Why Work With TRG?

At TRG, we don't just sell TICs—we helped shape the market in Los Angeles. As the city's leading TIC brokerage, we specialize in developing and supporting high-quality TIC communities, ensuring a seamless experience for both buyers and sellers.

In 2024 alone, we represented over 60% of all TIC sales in LA, a testament to our expertise, market knowledge, and dedication to this unique form of homeownership.

When you purchase in a TRG-represented TIC community, you can trust that it has been thoughtfully developed with expert guidance. We know what it takes to set up each HOA for long-term success, from structuring the co-ownership agreements to ensuring sustainable management practices.

We have a vested interest in seeing every TIC community we represent succeed. Our team is deeply involved in every step of the process, ensuring buyers feel confident, informed, and supported—not just at closing, but for the long term.

Start Your TIC Journey Today!

Download our TIC Field Guide [here]

Browse Available TIC Listings [here]

Explore our Past TIC Listings [here]

Contact the TRG Sales Team or reach out to any of our agents directly.