TICs | What is a TIC | Tenant in Common Investment
Tenants in Common (TICs) Investments are speculative investments where groups of investors share ownership in particular real estate related investments. Tenants in Common (TICs) are highly illiquid investments that do not trade on traditional securities exchanges. TICs pay investment professionals significant commissions and fees. Investment professionals must conduct significant due diligence regarding the terms and risks of the TIC investments prior to selling a TIC to investors. Like other complicated investments such as private placements, structured products, REITs, PPN’s, or hedge funds, the banks and brokerage firms must provide special training and supervision regarding tenants in common (TIC) investments sales.
Tenant in Common Risks | TIC Risks
Due to the speculative nature of TIC investments, investment professionals should only market TICs to sophisticated investors that fully understand the risks and features of these complicated securities. Unfortunately, investment professionals marketed and sold TICs to more conservative investors that were seeking income. Investment professionals often failed to fully explain the likelihood that investors could lose their entire investment and that the income stream could stop at any time.
Legal Help for Victims of TIC Fraud
If your investment professional failed to properly research a TIC investment and its issuer and then failed to disclose all the risks and features of a TIC, you may have a claim for damages. The Securities Fraud Lawyers at Gilman Law LLP, a leading securities fraud law firm, are here to help you recover damages on your TIC claim. For a FREE consultation and evaluation of your case, please complete our Free Consultation Form Online, or if you need to speak to a securities fraud attorney right away CALL TOLL FREE (888) 252-0048 today.