|CapServe Exchange, L.L.C.
|REVERSE EXCHANGES (INVOLVING AN EXCHANGE ACCOMMODATION TITLEHOLDER-EAT)
In a Reverse Exchange, the acquisition of the replacement property closes before the sale of the relinquished
property. Usually, the qualified intermediary takes title to the replacement property and holds the title
until the exchangor identifies and arranges a closing of the relinquished property. In a reverse exchange, the
qualified intermediary acts as an Exchange Accommodation Titleholder. Upon the closing of the sale of the
relinquished property, the replacement property title is conveyed to the exchangor.
|Call: (334) 263-0016 Fax: (334) 263-0056
105 Tallapoosa Street - Suite 104
Montgomery, Alabama 36104