Complete Form PTAX-203-B, Illinois Real Estate Transfer Declaration Supplemental Form B. 11 Full actual consideration. By completing a 1031 Exchange​​ a property seller may avoid the payment of taxes.A property exchange agreement is a contract between two parties in which each party agrees to exchange specific assets. Start your 1031 Reverse Exchange here. Please provide us with as much information as possible. The pool, in the form of an Access Easement Agreement that is mutually acceptable to both parties. Also sometimes referred to as the Contract of Sale, the PSA is a common document used in real estate transactions. Property and complete the Exchange as provided in this Agreement. Illinois Land Trusts. A land trust is a method of handling ownership of real estate.