Exchanges Made Simple

The Smooth Side of Riverside

  • Start an Exchange [Online] or [Offline].
  • Riverside will collect the information needed to prepare the exchange documents. The originals will be forwarded to the closing agent for execution at closing. Copies will then be sent to all parties for review. At closing, you’ll transfer the relinquished property to Riverside and Riverside will simultaneously sell the property to your buyer. The proceeds are then paid to Riverside. These funds are deposited into separate and insured accounts, and held for the acquisition of the replacement property.
  • After closing the relinquished property, you have 45 days to identify the replacement property and 180 days to complete the exchange. Notify us once you’ve entered into an agreement to purchase the replacement property. Riverside will deliver the documents needed to complete the exchange to the closing agent. At closing, the property is purchased by Riverside and transferred to you.
  • The Exchange is now complete.

Your Riverside facilitator is available at every stage to answer questions from your accountant or attorney. As 1031 experts, we can provide them with the specifics they need to ensure a smooth transaction from start to finish.

Ready to get the ball rolling?

Start an Exchange now