Definitions for "Simultaneous Exchange"
an exchange in which the closing of the Exchange Property and the Replacement Property occur on the same day, usually back - to - back
an exchange transaction where the Exchanger real estate investment club hohston transfers out of the Relinquished Property and Receives the Replacement Property at the same time
An exchange in which the taxpayer acquires replacement property at the same time that he or she transfers title to the relinquished property.