1031 Vocabulary
Reverse exchange
An exchange under which the exchanger acquires replacement property and subsequently transfers relinquished property.  Exchangers use title-parking arrangements to structure reverse exchanges.
 
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Friday, 03 September 2010
Multi-party exchange PDF Print E-mail
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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