SEC Rules Sale of Tenant in Common (TIC) Interests Must Comply With Securities Law
Luce, Forward, Hamilton & Scripps LLP today announced it, together with PASSCO Companies, LLC, OMNI Brokerage, Inc., and Argus Realty Investors, L.P., just received a no-action letter from the Securities and Exchange Commission (SEC) taking the definitive position that Tenant in Common (TIC) transactions, structured either as a master lease or property management, are considered […]
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