What is the accommodator’s purpose?

The Accommodator has two primary functions:

1.  Independent administrator who assists in compliance with tax regulations.

2.  Fiduciary of all moneys (held in a trust account until the close of escrow on the replacement property) from the transaction.

OTHER NAMES: The official Internal Revenue Code name is “Qualified Intermediary.” The term “Facilitator” is also often used. Whatever the name, the functions are the same.