1327 Lilac Terrace HOA, a Tenants in Common (TIC) Community:

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Intimate 9-Unit HOA

Minimum 10% down payment required for loan

HOA covers insurance, water, finance management and reserves

Each owner pays for their unit gas and electric (each unit is individually metered for gas and electric)

The insurance covers the entire property and satisfies lender requirements 

Pets are allowed

Rental restrictions apply, please inquire

No permission needed to sell your unit

With TIC you have similar usage and renovation rights as a condo owner

All units are being offered for sale for the first time

We do not need to close multiple units concurrently

We can close one unit at a time