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Tax Free Exchange Corporation
Schedule of Fees
NORMAL FORWARD EXCHANGE
Delayed Exchanges
$500 per leg:
$500 for sale (disposition), $500 for purchase
(acquisition).
Multiple sales and purchases are discounted.
A leg is defined as a sale (disposition) or purchase
(acquisition)
transaction.
CONSTRUCTION/CAPITAL IMPROVEMENT EXCHANGE
When client acquires
property and capital improvements or new construction is made to new property
$500 for sale
(disposition)
leg, $2,000 for purchase (acquisition) construction/capital improvement leg.
or
$500 for sale
(disposition)
leg, $500 for purchase (acquisition) construction/capital improvement leg
plus $100 fee
per check disbursement
A leg is defined as a
sale (disposition) or purchase (acquisition) transaction.
SIMULTANEOUS EXCHANGE
When client disposes of and acquires property
the same day
$650 per exchange.
This simultaneous exchange is a combined
sale (disposition) and purchase (acquisition) transaction
$$$$$$$$ PLEASE NOTE
********PROCRASTINATION CHARGE********
$150 Extra fee when TFEC is given less than one
week’s notice, or doesn’t have all information to prepare paperwork, prior to
the closing of a leg.
$300 Extra fee when TFEC is given a two day notice
or doesn’t have all information to prepare paperwork, prior to the closing of a
leg.
********CANCELLATION CHARGE********
**$250 per leg for exchanges that are canceled
after the documents have been prepared.**
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