1031 Vocabulary
Multi-party exchange
An exchange involving at least three parties. In a typical multi-party exchange, the exchanger transfers relinquished property through a qualified intermediary to a buyer. Later the exchanger acquires replacement property through the qualified intermediary from a seller.
 
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Monday, 08 September 2008
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An exchange involving at least three parties. In a typical multi-party exchange, the exchanger transfers relinquished property through a qualified intermediary to a buyer. Later the exchanger acquires replacement property through the qualified intermediary from a seller. threecornerexchange.jpg
 
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