45 Day Identification Issues

By
Services for Real Estate Pros with Malbur Exchange Group & Assoc.
I just had a conversation with a client that purchased a replacement property before the passing of the 45 day identification deadline. It is very important to remember that the purchased property is also a properly identified replacement property; and is factored in the application of both the 200% and 95% rules.

Both the Exchanger and the Qualified Intermediary can get burned if this issue is not addressed correctly. Always be on guard when it comes to identification issues!

Comments (2)

Mario Levesque
Advantage Avenue Real Estate - Wesley Chapel, FL
Tampa Realtor

Hi Steve,

Welcome to the ActiveRain Blog network. 
Shortly after I started blogging on Active Rain, I wondered how some features worked or how to do some of the things others were using in their posts. 

I searched the site and could not find the "Operating Manual".

I asked some questions to other bloggers and soon realized the the power was in the network since most questions had already been answered by other users.

If you find yourself in this situation and have some questions, visit the post below and you will find tips, info and many features of ActiveRain that have been documented by other members.

   Instructions, Getting Started on ActiveRain Blog community, Google Ranking, Networking info

Nice having you on board,
Mario

Tampa Realtor , Broker Associate
People's Choice Realty Services,  Tampa, Florida

May 14, 2007 02:25 PM
Fred Griffin Florida Real Estate
Fred Griffin Real Estate - Tallahassee, FL
Licensed Florida Real Estate Broker

  We invite you back to ActiveRain in 2017. 

  We would welcome your return!

Sep 15, 2017 06:24 PM