Tenants-In Common or TIC ownership allows multiple buyers to purchase an undivided percentage of a single piece of property. Each co-owner receives his own deed to the property and benefits from all of the income, tax shelters and appreciation it provides. TIC ownership gives a smaller investor access to higher quality real estate than was previously available. Purchasing a TIC is an excellent option for those seeking a reliable, passive, cash-flowing real estate investment without any of the hassles and headaches of property management.