Definition:
A property purchased with the
proceeds from the sale of another property recently sold
by the buyer, so as to qualify the sale and subsequent
purchase as a 1031 exchange.
Use this tool to find CRE related terms, and their corresponding definitions, as they are used in our reports.
Definition:
A property purchased with the
proceeds from the sale of another property recently sold
by the buyer, so as to qualify the sale and subsequent
purchase as a 1031 exchange.