By Kathleen Pender SF Gate One of the hassles that come with owning a unit in a building with other people as tenants in common is figuring out who pays what share of the property tax. In San Francisco, TICs are popular with first-time home buyers because they are usually cheaper than condominium units. But unlike a condominium, a TIC is not legally divided into separate units. TIC owners receive one property tax bill for the entire building. Although the owners typically agree to pay their share of the tax based on the price they paid for their unit, each owner is legally obligated… read more.