This site contains information on all types of real estate fractional ownership and co-ownership, including tenancy in common (TIC), timeshare, equity sharing, and homeowner associations. It provides both basic information for homeowners or home buyers with no real estate background, and more sophisticated information for developers, syndicators, real estate professionals and attorneys. There are separate resource pages on various types of fractional ownership, each with links to FAQs and articles. There are also links to relevant laws, newspaper articles, books, and other resources.
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More and more people are opting to own a second or third home or vacation property fractionally, and to share usage of the property with other owners. These arrangements can involve a single home, or a large resort development, and can be organized by a small group of family or friends, an individual buyer or seller, a Realtor, or a developer. This link leads to articles and resources on fractional ownership and development of vacation or resort property. To learn more about fractional ownership legal services offered by Sirkin & Associates, visit Our Services.
Tenants in Common (TIC) ownership is often paired with a TIC Agreement giving each owner an exclusive right to occupy a particular space (such as an apartment, house or office) within a residential or commercial property. Assigning occupancy rights in a TIC agreement creates an arrangement that feels and acts like a subdivision when legal subdivision is impossible, unaffordable, or too time-consuming. This link leads to articles and resources on tenancy in common arrangements involving exclusive occupancy rights. To learn more about TIC legal services offered by Sirkin & Associates, visit Our Services.
In equity sharing, two parties, an "occupier" and an "investor", pool resources for the down payment on a home. For an agreed number of years, the occupier lives in the home. Then, the occupier buys out the investor or the property is sold. Each owner gets their contributions, and any appreciation is shared. This link leads to articles and resources on equity sharing as well as basic information of interest to first-time home buyers. To learn more about equity sharing legal services offered by Sirkin & Associates, visit Our Services.
There are an infinite number of reasons and ways shared property is held, many falling outside established co-ownership categories. This link leads to educational articles and resources of interest to anyone involved in any type of shared ownership. To learn more about shared ownership legal services offered by Sirkin & Associates, visit Our Services.
This link leads to articles and resources on subdivision of real estate and conversion to condominiums. Note that the sale of a parcel of real estate as a tenancy in common (TIC) with exclusive occupancy rights is neither a subdivision nor a conversion. To learn more about condo conversion and new construction subdivision legal services offered by Sirkin & Associates, visit Our Services.
This link leads to articles and resources on real estate investments, including tax-deferred exchange (1031) TICs, limited and general partnerships, limited liability companies, and offering and raising money for real estate investments. To learn more about the investment (1031) TIC and syndication legal services offered by Sirkin & Associates, visit Our Services.
This link leads to articles and resources designed for members of homeowners associations as well as the many Realtors, managers, accountants and other professionals who deal with these associations.
Our law practice is devoted exclusively to fractional ownership, including vacation homes and resorts, tenancy in common (TIC) for both occupancy and investment, subdivisions and condominium conversions, equity sharing, shared appreciation mortgages, investment partnerships, and other co-ownership matters. We work on projects ranging from individual homes to large developments, and represent sellers, buyers, developers, and real estate professionals of all kinds.
From our offices in San Francisco California, Evergreen Colorado, and Paris France, we have worked on projects all over the World, including most U.S. States, as well as Italy, France, Spain, Portugal, Ireland, Argentina, Nicaragua, Costa Rica, Panama, Dominican Republic, Nicaragua, Belize and Mexico. Since 1985, we have prepared fractional ownership documentation for over 6,000 clients.
Our email address is firstname.lastname@example.org. We welcome brief email inquiries, but do not provide legal advice via email. If you have legal questions, or would like to set up an appointment, please contact us at either +1-415-738-8545 (US) or +33-1-76-66-02-02 (France). Our staff will then direct your call to the appropriate office and attorney.
250 Montgomery Street, Suite 1200, San Francisco, CA 94104