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.

  • Exchange facilitator means a qualified intermediary, transferee, escrow holder, trustee, or other party that holds exchange funds for a taxpayer during an exchange period.

  • Exchange facilitator means a qualified intermediary, transferee, escrow holder, trustee, or other party that holds exchange funds for a taxpayer in a deferred exchange pursuant to an escrow agreement, trust agreement, or exchange agreement.

  • As the Community Information Exchange facilitator, 2-1-1 San Diego may, but shall not be required to refer Clients to Participant (“Referral Request”).

  • Two interim applications for security for costs made by various Defendants in respect of the Claimant’s application to serve proceedings out of the jurisdiction.


More Definitions of Exchange facilitator

Exchange facilitator means a person who:
Exchange facilitator means a person who: (A) Maintains an

Related to Exchange facilitator

  • Registrar Functions means the functions with regard to:

  • Liquidator has the meaning set forth in Section 13.2.A hereof.

  • Portfolio Administrator means any entity and any successor or replacement thereto, as specified in the Final Terms for each Series of ETP Securities, appointed as Portfolio Administrator in accordance with the terms of the relevant Portfolio Administration Agreement.

  • Local public official means a member of the governing body or another officer, whether elected, appointed, paid, or unpaid, of any district (including a school district), central appraisal district, or other local governmental entity who exercises responsibilities be- yond those that are advisory in nature. Local Gov’t Code 171.001(1)

  • Custodian means any receiver, trustee, assignee, liquidator or similar official under any Bankruptcy Law.