Exchange facilitator definition
Exchange facilitator means a person that:
Exchange facilitator means a person that does any of the
Exchange facilitator means a person who: (A) Maintains an office in this state for the purpose of soliciting business facilitating the exchange of like-kind property, as described in subparagraph (B) of this subdivision; or (B) for a fee (i) facilitates an exchange of like-kind property by entering into an agreement with a client pursuant to which the exchange facilitator acquires from such client the contractual rights to sell such client's relinquished property located in this state and transfer a replacement property to such client as a qualified intermediary, within the meaning of 26 CFR 1. 1031(k)-1(g)(4), (ii) enters into an agreement with a client to take title to a property in this state as an exchange accommodation titleholder, as defined in Revenue Procedure 2000-37 issued by the Internal Revenue Service, or (iii) enters into an agreement with a client to act as a qualified trustee or qualified escrow holder, as such terms are defined in 26 CFR 1. 1031(k)-1(g)(3); but shall not include:
Examples of Exchange facilitator in a sentence
Buyer consents to Seller assigning this Contract to its Exchange facilitator, and waives all claims against such Exchange facilitator arising out of its participation in the Exchange, provided that Seller remains liable to Buyer to fulfill all obligations of Seller on this Contract after such assignment.
As the Community Information Exchange facilitator, OCUW may, but shall not be required to refer Clients to You (“Referral Request”).
As the Community Information Exchange facilitator, 2-1-1 San Diego may, but shall not be required to refer Clients to Participant (“Referral Request”).
More Definitions of Exchange facilitator
Exchange facilitator means a person who: (A) Maintains an