The first page of every Chapter outlines the Curriculum module competency components and sub- components that will be covered. A Qualified Intermediary (QI) helps facilitate tax-deferred exchanges under IRS code.Learn more about QIs and the part they play in a 1031 Exchange. Many couples enter into partition or exchange agreements, which are essentially contracts that define the rights to community property. They must then select a qualified intermediary (QI), who will hold the proceeds from the sale of the relinquished property and facilitate the exchange process. The use of a Qualified Intermediary is essential to completing a successful IRC §1031 Tax Deferred Exchange. A partition and exchange agreement is a legal contract between divorcing couples that outlines the terms of their property division and distribution. The Qualified Intermediary is the glue that puts the buyer and seller of property together into the form of a 1031 Exchange.