What is a tenants-in-common (TIC)?
Buying investment property as tenants in common allows you to invest in larger income producing properties, that are leased to large credit-rated tenants on a triple net basis. Further you may diversify across different types of investment property, geographic markets, and real estate companies, thus potentially increasing both the value and safety of your investments. Tenants in common hold undivided fractional ownership of an investment property. It is not a partnership. You will secure a deed for your fractional share of the property. Consequently, you can step up to institutional grade or single tenant properties with triple net lease arrangements. You also benefit as some of the nation's leading real estate companies source investment property and acquire fixed-rate, non-recourse financing with institutional terms for tenant in common owners. Typical loans can range from 5-10 years and coordinate with the specific business plan set forth for buying investment property.

What are energy royalty interests?
Minerals, royalties and overriding royalties receive revenues from the production of oil and gas from a well without paying the drilling or monthly operating expenses from the well. The term "royalties" can be used interchangeably to mean mineral interests, royalty interests, or overriding royalty interests. However, there is a difference between minerals and royalties, and an even greater difference between overriding royalties and both minerals and royalties. The similarity between mineral interests and royalty interests is that both involve ownership of minerals under the ground. Both receive portions of the income from the production of oil and gas. However, the difference is that the owner of a mineral interest also has the right to execute leases as well as collect bonus payments; whereas, the owner of royalty interests does not execute leases or collect bonus payments. Even though mineral and royalty owners receive income when the well is producing, only the mineral owner receives the bonus payment upfront. Overriding royalty interests does not constitute an ownership of minerals under the ground. Rather, it constitutes ownership of a portion of generated revenues from oil and gas production in which the ownership expires when the lease has been neglected due to termination of production. Overriding royalties are created from the working interest. Therefore, like mineral and royalty owners, overriding royalty owners also receive a portion of the income from the production of oil and gas. However, the difference is owners of overriding royalty own only proceeds from the production of minerals and not the minerals under the ground. Overriding royalty interest expires once the lease has expired and production has stopped, whereas, minerals and royalties owners maintain their ownership after production stops.

What are energy working interests?
A working interest in an oil or gas property is one that is burdened with the cost of development and operation of the property, such as the responsibility to share expenses of drilling completed or operating oil and gas property, according to working or operational mineral interests in any tract or parcel of land.