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Each investment has a pre-determined
exit strategy as described in our "Plan."
Individual
Tenants-In-Common (TIC) investors may also dispose of their individual TIC units
by in of six ways.
-
Seller
Buy Back. The Sellers
will have a right of
first refusal to re-purchase
your TIC units at fair market
value.
-
Sell
to TIC unit owners. We can offer your TIC units to the existing TIC owners at fair market value.
The standard fee for this service is 2%.
-
Re-Sale
through Upland TIC Sales. Upland TIC Sales can post your TIC units on our
Web Site, and assist (for a small fee), in the marketing and sales process.
The standard
fee for this service is 6%. -
The
Upland For Sale By Owner
(FSBO) Plan. Upland
can provide you with
a complete set of documents
and assist you in the
direct sale of your
TIC units.
The standard fee for this service is 1%. -
Unassisted
FSBO. Subject to
the Co-Tenancy Agreement
and lender approval,
IRS regulators allow
you the unfettered ability
to sell your interest
in any TIC. You may
have a ready buyer through
your network of friends,
associates, or family.
The fees for this conveyance
are negligible.
-
Convey
through your estate.
TIC investments can
be very, very useful
in estate planning.
By splitting your interest
among multiple TICs,
you can easily convey
these assets (individually)
to your heirs. This
can be a significantly
useful tool. The fees
for this type of transfer
are negligible.
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