This type of exchange occurs when a property (referred to as relinquished property) is sold and another property (referred to as replacement property) is bought. It happens within 180 days following the sale of the relinquished property.
Forward Delayed Exchange
This type of exchange occurs when a property (referred to as relinquished property) is sold and another property (referred to as replacement property) is bought. It happens within 180 days following the sale of the relinquished property.