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The TIC Registration Process
Process The process is simple. We will forward to you via email or post mail or you can download the NOTICE OF BROKER'S STATUS form. After completion and return of the form, we will register you with a number of participating Sponsors, each of which has TIC property offerings and slightly different buy in procedures. The Sponsors will go through a multi-aspect registration process with you. In addition to the investment minimums, there are other requirements they and we must verify. One is that, as set out in IRS revenue Procedure 2002-22, you possess substantial prior hands-on experience in owning and operating developed, income producing real estate and are aware of and intend to exercise your control right s under the Transaction documents for each of the properties you intend to purchase. This is a crucial requirement as it is a distinguishing characteristic utilized by the IRS to differentiate real estate transactions from security offerings controlled by SEC rules and regulations. After successful registration, the sponsor(s) will forward new listings to you as they come available throughout the nation. You will find that the properties have a minimum share buy in of $100,000 or more. Our offering Sponsors have been screened for the following qualities:
Once you've identified a property that meet your needs, and have acquired the due diligence documents from the sponsor, Cap Seven will use its software to forward a report to you based upon the information provided for both your longterm wealth growth and projected disposition expenses |