Legal Dictionary

Tag: Exchange

  • Exchange

    A transfer of property for property or some value other than money . barter . Even where money changes hands, in addition to property, it would still be an exchange. A trade is an exchange. Also, the place where merchants, businessmen, brokers, agents, etc., voluntarily […]

  • Exchangor

    Concept of Exchangor in the context of Real Property A short definition of Exchangor: The party seeking the tax advantage under IRS section 1031. The taxpayer.

  • Exchange Period

    Concept of Exchange Period in the context of Real Property A short definition of Exchange Period: The time allowed between the sale of relinquished property and the purchase of replacement property in order to qualify for the tax advantage under IRS section 1031. In a reverse exchange it is […]

  • Exchange Accommodation Titleholder

    Concept of Exchange Accommodation Titleholder in the context of Real Property A short definition of Exchange Accommodation Titleholder: One who takes title to property to meet the requirements of IRS section 1031 and Treasury Revenue Ruling 2003-37 to facilitate a build to suit exchange or a […]