Home
Forms Library
1031 Tax Deferred Exchange Addendum

1031 Tax Deferred Exchange Addendum-2025

1031 Tax Deferred Exchange Addendum Preview on Page 1

See details

4.8 out of 5

31 votes

The document is a 1031 Tax Deferred Exchange Addendum outlining the agreement between the Buyer and Seller to cooperate in a tax-deferred exchange under IRC Section 1031. It specifies that both parties will incur no costs or liabilities related to the exchange, recommends consulting qualified professionals, and emphasizes the need for a legally binding agreement with a facilitator. The addendum also states that Hawaii Life Real Estate Brokers are not liable for any tax or legal advice.

Here's how it works

01. Edit your form online

Type text, add images, blackout confidential details, add comments, highlights and more.

02. Sign it in a few clicks

Draw your signature, type it, upload its image, or use your mobile device as a signature pad.

03. Share your form with others

Send it via email, link, or fax. You can also download it, export it or print it out.

How to use or fill out 1031 Tax Deferred Exchange Addendum with our platform

Ease of Setup

DocHub User Ratings on G2

Ease of Use

DocHub User Ratings on G2

Click ‘Get Form’ to open the 1031 Tax Deferred Exchange Addendum in the editor.
Begin by entering the Property Address and Purchase Contract Reference Date at the top of the form. This information is crucial for identifying the transaction.
Fill in the Seller(s) Name and Buyer(s) Name fields. Ensure that all names are spelled correctly to avoid any legal issues later.
Review the section regarding cooperation in a 1031 Tax Deferred Exchange. Check the appropriate box indicating whether the Buyer or Seller agrees to cooperate, ensuring clarity on responsibilities.
Read through the recommendations provided for obtaining advice from a qualified tax attorney or CPA, as well as using a reliable facilitator. This ensures all parties are informed about their obligations.
Both Buyer and Seller should acknowledge understanding by signing and dating where indicated at the bottom of the form.

Start using our platform today to easily complete your 1031 Tax Deferred Exchange Addendum online for free!

be ready to get more

Complete this form in 5 minutes or less

Get form

Got questions?

We have answers to the most popular questions from our customers. If you can't find an answer to your question, please contact us.

What is a 1031 exchange in simple terms?

1031 exchanges are a real estate tax break that allows commercial property sellers to exchange a business, trade, or investment property for another, like kind, property while deferring capital gains tax on the sale.

Does a seller have to agree to an addendum?

Both addendums and amendments require the consent and agreement of all parties involved in the original contract. Any party to the contract can propose an amendment or an addendum, but it is necessary for all other parties to agree to the proposed changes before either an addendum or an amendment can be added.

What is a 1031 exchange addendum?

A 1031 addendum will normally clearly show intent to do a 1031 exchange, permit assignment, and advise the other party there will be no expense or liability as a result of the exchange. Sometimes there is cooperation language asserting that both parties to the contract will cooperate with a 1031 exchange.

What is a 1031 addendum?

This addendum signifies intent to use the property in a 1031 exchange. At this point, the buyer and their agent are formally made aware of such an exchange. The seller can also assign a QI to the exchange in this addendum. A 1031 exchange addendum is used to add any clarifying language to a 1031 exchange.

What is 1031 tax deferred exchange?

Addendums can override parts of the original contract and expand on others. Instead of scratching out and handwriting over certain parts of the contract, addendums are drafted and signed to prove both buyer and seller agree. This includes: Modifying the purchase price, closing date, and financing terms.

What is the purpose of an addendum in real estate?

In real estate, an addendum is an addition or supplement made to a contract that modifies, clarifies, or adds specific terms or conditions. An addendum should not be confused with an amendment, which modifies a contract that has already been executed.

1031 Tax Deferred Exchange Addendum-2025

Here's how it works

How to use or fill out 1031 Tax Deferred Exchange Addendum with our platform

Complete this form in 5 minutes or less

Got questions?

What is a 1031 exchange in simple terms?

Does a seller have to agree to an addendum?

What is a 1031 exchange addendum?

What is a 1031 addendum?

What is 1031 tax deferred exchange?

People also ask

What is the purpose of an addendum in real estate?

Related links

Try more PDF tools

1031 Tax Deferred Exchange Addendum-2025

Here's how it works

How to use or fill out 1031 Tax Deferred Exchange Addendum with our platform

Complete this form in 5 minutes or less

Got questions?

What is a 1031 exchange in simple terms?

Does a seller have to agree to an addendum?

What is a 1031 exchange addendum?

What is a 1031 addendum?

What is 1031 tax deferred exchange?

Related Searches

People also ask

What is the purpose of an addendum in real estate?

Related links

Try more PDF tools