A "TIC" is a fractional ownership interest in real estate - tenant-in-common investment property interest, We have an informative article on the website that gives an overview of TICs . A have included a link below for your reference.
http://www.exeterco.com/overview_tic_investment_property.aspx
Please let us know if you have any other questions or comments.
Suzanne
Suzanne M. Davis
AVP and National Operations Manager
Exeter 1031 Exchange Services, LLC
http://www.exeter1031.com