Common use of 1031 Deferred Exchange Clause in Contracts

1031 Deferred Exchange. (a) Buyer is aware that Seller may perform a 1031 Tax Deferred Exchange. Buyer agrees to cooperate in the exchange. Seller will hold Buyer harmless from all claims, liabilities, costs, or delays in time resulting from the exchange. (b) Seller is aware that Buyer may perform a 1031 Tax Deferred Exchange. Seller agrees to cooperate in the exchange. Buyer will hold Seller harmless from all claims, liabilities, costs, or delays in time resulting from the exchange.

1031 Deferred Exchange. (a) Buyer Xxxxx is aware that Seller may perform a 1031 Tax Deferred Exchange. Buyer Xxxxx agrees to cooperate in the exchange. Seller will hold Buyer harmless from all claims, liabilities, costs, or delays in time resulting from the exchange. (b) Seller is aware that Buyer Xxxxx may perform a 1031 Tax Deferred Exchange. Seller Xxxxxx agrees to cooperate in the exchange. Buyer will hold Seller harmless from all claims, liabilities, costs, or delays in time resulting from the exchange.