A GLOSSARY OF REAL ESTATE TERMS


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Word List Definitions
Quadrangle
Quadrilateral
Qualified fee
Qualified intermediary
Qualifying ratio
Qualities of value
Quantity survey method
Quarter round
Quasi
Quasi-contract
Quiet enjoyment
Quiet title
Quiet title action
Quitclaim deed
You chose: Qualified intermediary

A party who cannot be a relative or agent of an exchanging party and who is needed to complete a delayed exchange to legally hold funds to facilitate a Section 1031 delayed exchange. As an exception, a real estate agent may serve as intermediary if the current transaction is the only instance in which the agent has represented the exchanging party over the past two years.