Real Estate Glossary

1031 Exchange – Phase 2

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Written by Richard Wilson

A 1031 exchange’s Phase 2 or Up Leg is the part of the process in which the replacement property is acquired and all of the necessary documents and paperwork are signed and completed.

A 1031 exchange’s Phase 2 or Up Leg is the part of the process in which the replacement property is acquired and all of the necessary documents and paperwork are signed and completed.

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Richard Wilson

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