Examples of Relinquished Property in a sentence
To avoid a taxable sale of the Relinquished Property, the use of an intermediary in virtually every 1031 transaction shouldbe utilized.
In addition, the Exchanger must enter into written agreements with the QI before the Relinquished Property is sold.
The QI hereby acknowledges that it shall have no interest in any Relinquished Property Agreement with respect to any Vehicle that is not Relinquished Property.
Each Legal Entity shall be ultimately and solely responsible for the accuracy of any transfer dates, the Relinquished Property and the Replacement Property descriptions, the Relinquished Property and the Replacement Property values and the Relinquished Property and the Replacement Property matching with respect to each Exchange performed pursuant to its LKE Program.
This relationship is governed by an exchange agreement which must be entered into before the closing for the sale of the Relinquished Property.