Partition And Exchange Agreement With Qualified Intermediary In Santa Clara
Category:
State:
Multi-State
County:
Santa Clara
Control #:
US-00410
Format:
Word;
Rich Text
Instant download
Description
This Partition Agreement is an Agreement for the Partition and Division of Real Property. This is a Voluntary agreement to partition and divide real property. This Agreement can be used in any state. This Agreement is to be signed in front of a notary public.
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The following is an explanation of the step-by-step process that a taxpayer and their qualified intermediary need to follow to complete a basic 1031 exchange. The Qualified Intermediary is the glue that puts the buyer and seller of property together into the form of a 1031 Exchange.Asset Exchange Company is a Qualified Intermediary facilitating delayed, reverse and construction exchanges. Petitioning to partition is a legal right and the process starts with filing a petition with the Clerk of Court. Petition rules vary from state to state. In this article, we are going to provide a few resources for TIC guidance when conducting a 1031 exchange of real estate.