Vesting Title

In order to obtain the benefits of exchange treatment, the same person who started the exchange must complete the exchange. While this seems simple enough, the manner in which title to the "relinquished property" was vested may, due to a variety of circumstances, differ from the manner in which title to the "replacement property" must be vested.

See articles below for more detailed information on vesting in a 1031 exchange.

Vesting Title in a 1031 Exchange

Real Estate Choice of Entity: Should Your Property be in an LLC?

Drop and Swap - Dissolution of Partnerships Prior to Exchanging

Exchange by Partnership Fails when Replacement Properties Are Transferred to Partners in Liquidation of Partnership

First American Exchange Company, LLC a Qualified Intermediary, is not a financial or real estate broker, agent or salesperson, and is precluded from giving financial, real estate, tax or legal advice. Consult with your financial, real estate, tax or legal advisor about your specific circumstances. First American Exchange Company, LLC makes no express or implied warranty respecting the information presented and assumes no responsibility for errors or omissions. First American, the eagle logo, and First American Exchange Company are registered trademarks or trademarks of First American Financial Corporation and/or its affiliates.