A TIC (Tenancy in Common) gives you exclusive right to occupy a specific unit while sharing ownership of the entire building with other owners through percentage interests. A condo gives you a separate deed and parcel number for your individual unit plus shared ownership of common areas. TICs often come with lower purchase prices but require specialized financing and carry more complexity around shared ownership, resale, and tenant law. I help buyers evaluate the differences so they understand exactly what they’re buying into.
