Exchange Recapitulation Form


This sample 3 party Exchange shows the California Exchanger exchanging his California Apartments for the Arizona Apartments with the cooperation of the California Buyer, who obtains a new $900,000 loan, with the exchanger carrying back $60,000 on his California property.


  Exchanger
Has
Exchanger
Gets
Seller
Has
Buyer
Gets
Party's Name California Exchanger   Arizona Seller California Buyer
Property Name California Apartments Arizona Apartments Arizona Apartments California Apartments
Market Value $1,200,000 $2,000,000 $2,000,000 $1,200,000
Existing Loans $430,000 $1,400,000 $1,100,000 $900,000
Equity $770,000 $600,000 $900,000 $300,000
Cash Given $0   $0 $240,000
Cash Taken   $26,000 $780,000 $0
Paper Given $0 $0 $0 $60,000
Paper Taken   $60,000 $0 $0
Commission $72,000   $100,000  
Disposition Cost $12,000   $20,000  
Acquisition Cost $0     $0
Loan Assumption Cost $0     $0
New Loan Points $0     $0
Net Equity $686,000 $686,000 $780,000 $300,000
New Loan $900,000   $1,400,000  
Current Basis $555,000      


     



Exchange Recapitulation Form


This sample 3 party Exchange shows the California Exchanger exchanging his California Apartments for the Arizona Apartments with the cooperation of the California Buyer, who obtains a new $900,000 loan, with the exchanger carrying back $60,000 on his California property.


  Exchanger
Has
Exchanger
Gets
Seller
Has
Buyer
Gets
Party's Name California Exchanger   Arizona Seller California Buyer
Property Name California Apartments Arizona Apartments Arizona Apartments California Apartments
Market Value $1,200,000 $2,000,000 $2,000,000 $1,200,000
Existing Loans $430,000 $1,400,000 $1,100,000 $900,000
Equity $770,000 $600,000 $900,000 $300,000
Cash Given $0   $0 $240,000
Cash Taken   $26,000 $780,000 $0
Paper Given $0 $0 $0 $60,000
Paper Taken   $60,000 $0 $0
Commission $72,000   $100,000  
Disposition Cost $12,000   $20,000  
Acquisition Cost $0     $0
Loan Assumption Cost $0     $0
New Loan Points $0     $0
Net Equity $686,000 $686,000 $780,000 $300,000
New Loan $900,000   $1,400,000  
Current Basis $555,000      


     



Exchange Recapitulation Form


This sample 3 party Exchange shows the California Exchanger exchanging his California Apartments for the Arizona Apartments with the cooperation of the California Buyer, who obtains a new $900,000 loan, with the exchanger carrying back $60,000 on his California property.


  Exchanger
Has
Exchanger
Gets
Seller
Has
Buyer
Gets
Party's Name California Exchanger   Arizona Seller California Buyer
Property Name California Apartments Arizona Apartments Arizona Apartments California Apartments
Market Value $1,200,000 $2,000,000 $2,000,000 $1,200,000
Existing Loans $430,000 $1,400,000 $1,100,000 $900,000
Equity $770,000 $600,000 $900,000 $300,000
Cash Given $0   $0 $240,000
Cash Taken   $26,000 $780,000 $0
Paper Given $0 $0 $0 $60,000
Paper Taken   $60,000 $0 $0
Commission $72,000   $100,000  
Disposition Cost $12,000   $20,000  
Acquisition Cost $0     $0
Loan Assumption Cost $0     $0
New Loan Points $0     $0
Net Equity $686,000 $686,000 $780,000 $300,000
New Loan $900,000   $1,400,000  
Current Basis $555,000      


     



Exchange Recapitulation Form


This sample 3 party Exchange shows the California Exchanger exchanging his California Apartments for the Arizona Apartments with the cooperation of the California Buyer, who obtains a new $900,000 loan, with the exchanger carrying back $60,000 on his California property.


  Exchanger
Has
Exchanger
Gets
Seller
Has
Buyer
Gets
Party's Name California Exchanger   Arizona Seller California Buyer
Property Name California Apartments Arizona Apartments Arizona Apartments California Apartments
Market Value $1,200,000 $2,000,000 $2,000,000 $1,200,000
Existing Loans $430,000 $1,400,000 $1,100,000 $900,000
Equity $770,000 $600,000 $900,000 $300,000
Cash Given $0   $0 $240,000
Cash Taken   $26,000 $780,000 $0
Paper Given $0 $0 $0 $60,000
Paper Taken   $60,000 $0 $0
Commission $72,000   $100,000  
Disposition Cost $12,000   $20,000  
Acquisition Cost $0     $0
Loan Assumption Cost $0     $0
New Loan Points $0     $0
Net Equity $686,000 $686,000 $780,000 $300,000
New Loan $900,000   $1,400,000  
Current Basis $555,000      


     



Exchange Recapitulation Form


This sample 3 party Exchange shows the California Exchanger exchanging his California Apartments for the Arizona Apartments with the cooperation of the California Buyer, who obtains a new $900,000 loan, with the exchanger carrying back $60,000 on his California property.


  Exchanger
Has
Exchanger
Gets
Seller
Has
Buyer
Gets
Party's Name California Exchanger   Arizona Seller California Buyer
Property Name California Apartments Arizona Apartments Arizona Apartments California Apartments
Market Value $1,200,000 $2,000,000 $2,000,000 $1,200,000
Existing Loans $430,000 $1,400,000 $1,100,000 $900,000
Equity $770,000 $600,000 $900,000 $300,000
Cash Given $0   $0 $240,000
Cash Taken   $26,000 $780,000 $0
Paper Given $0 $0 $0 $60,000
Paper Taken   $60,000 $0 $0
Commission $72,000   $100,000  
Disposition Cost $12,000   $20,000  
Acquisition Cost $0     $0
Loan Assumption Cost $0     $0
New Loan Points $0     $0
Net Equity $686,000 $686,000 $780,000 $300,000
New Loan $900,000   $1,400,000  
Current Basis $555,000