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1031 Exchanges

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Dinesh T.
  • Realtor
  • Middlebury, CT
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47
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Earnest Money Deposit

Dinesh T.
  • Realtor
  • Middlebury, CT
Posted Nov 15 2016, 03:48

I am considering exchanging my property as I am already in contact to sell my condo. I understand that the proceeds of the sale should be handled thru exchange facilitators and that it should not touch my account. Does this rule apply to earnest money deposit as well?

-Dinesh.

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