TIC: Call Agreement
It is important to be aware of the structure of a TIC: Call Agreement. Basically there are three different types of TIC: Call Agreement structures, which are: direct sell, master lease, and the put/call structure.
The direct sell structure can only be used when there is a single exchanger, and the master lease which is much more commonly used, holds a lot more advantages. Under this structure, owners of a TIC are paid a fixed rent, with possible annual increases as well.
Finally there is the put/call structure, under which a co-owner is able to issue an option to purchase its undivided interest.
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