The Role of Real Estate Exchange
Corporation As Qualified Intermediary

• Provides the required exchange agreement for review and approval by you and your tax advisor.
• Accepts assignment of exchange contracts.
• Provides notification of the assignment to all parties.
• Furnishes instructions to the closing agent.
• Establishes a qualified escrow account.
• Receives the 45-day identification notice.
• Delivers escrow funds for settlement.
• Arranges for direct deeding of properties.
• Gives a final accounting of escrow funds and interest earned.

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You can also view or print our complete 1031 Tax Exchange document in Adobe PDF format.
	1031 Tax Exchange PDF file.

Disclosure
Jerry Babin - Realtor with RE/MAX Southern Realty cannot advise you concerning the specific tax consequences or advisability of a deferred exchange for tax planning purposes. You will be required to seek the counsel of your accountant or attorney. If we can answer any of your general questions, or those of your representatives, please do not hesitate to contact us.