Series 22: Tenants In Common: Private Placements

Tenants in Common: Private Placements

Since TIC investors are passive investors who rely on a sponsor to manage their investments, TICs are generally considered “investment contracts” and classified as securities. As securities, all sponsored and syndicated TIC 1031 exchanges are subject to SEC regulation and generally require SEC registration. However, they can avoid the rigorous registration process by meeting the “safe harbor” requirements contained in Regulation D.

Regulation D is a set of SEC rules that regulate