Simultaneous Exchange

This type of exchange occurs when the relinquished property and the replacement property are transferred concurrently. Although ERI does not hold funds in a simultaneous exchange, it functions in the important capacity of creating a paper trail ensuring that the conveyance of both properties in this exchange are interdependent upon one another allowing for the deferral of capital gain.

 
Simultaneous Exchange

Simultaneous Exchange

This type of exchange occurs when the relinquished property and the replacement property are transferred concurrently. Although ERI does not hold funds in a simultaneous exchange, it functions in the important capacity of creating a paper trail ensuring that the conveyance of both properties in this exchange are interdependent upon one another allowing for the deferral of capital gain.