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Glossary   >   T   >   "Tenants In Common - TIC" Definition            Tenants In Common - TIC When a property is owned by two or more tenants. If one owner dies, the other does not automatically take the entire estate. Glossary    Dictionary Search (powered by Google) WWW ITLOCUS.COM GLOSSARY.ITLOCUS.COM Translate a web page (powered by Google)      to German Spanish French Italian Portuguese Japanese Korean Chinese

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Tenants In Common - TIC - When a property is owned by two or more tenants. If one owner dies, the other does not automatically take the entire estate.