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Additional TopicsWhat is the timeline for the entire "Exchange Period"? What is the timeline for the "Identification Period"? How do I identify property I wish to use as replacement property? When I identify the Replacement Property, how specific do I need to be? What are the rules for identifying multiple Replacement Properties? Where will the proceeds from the Relinquished Property transaction be held? Questions to answer before choosing an exchange company Reverse Exchanges: A Beginner’s Guide

Is there a timeline for the "exchange period?

Prior to proceeding with the Exchange Period, the Relinquished Property must first be closed, Within 180 days the Replacement Property must be closed as well. This time period is regulated and therefore cannot be extended beyond the time-frame should the day fall on Saturday, Sunday or a legal holiday