Tenancy in Common Ownership for 1031 Exchanges?The Risks with TICs
Nancy Leary Haggerty
From the time that real estate was first privately owned, lawyers have been trying to find new ways to divide and combine the “bundle of sticks” that constitutes real estate ownership. The oldest form of land ownership is the fee simple title to a parcel of land, includiin ownership to the center of the earth and up into the sky. As the wants and needs of real estate owners have changed, lawyers have created new ways in which real estate can be owned, including the modern forms of condominniums...