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How to use or fill out section 1031 with our platform
- Click ‘Get Form’ to open the section 1031 document in the editor.
- Begin by filling in the date at the top of the form, ensuring accuracy for legal purposes.
- In the 'Owner' and 'Exchangor' fields, enter the names of both parties involved in the exchange agreement.
- Complete the property details, including location and county, as specified in the contract attached as Exhibit A.
- For each assignment of contract rights, ensure that you clearly state any notices provided to other parties involved, referencing Exhibit B for format guidance.
- Identify and specify any escrow accounts and amounts received upon closing, making sure to follow all outlined regulations for proper documentation.
- Finally, review all entries for accuracy before signing. Utilize our platform's features to save your progress and share with relevant parties for their signatures.
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