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Schedule of Fees and Costs for
Personal Property Exchanges
Delayed & Simultaneous Forward Exchanges
Fees
A fee of $600 is required to set up the exchange and the first disposition of a relinquished property, in addition to a value-based set-up fee for relinquished property or properties in excess of $300,000 value, according to the following schedule:
Property Value
(per Sales Price)
| Value-Based Fee |
| Under $300,000 |
Included in $600.00 Set-Up Fee |
| $300,000 to $999,999 |
.10% of Property Value Over $300,000 |
| $1 Million to $4,999,999 |
.05% of Property Value Over $300,000 |
| $5 Million and Above |
.025% of Property Value Over $300,000 |
In addition, a fee of $300 is required for each additional disposition of relinquished property. A fee of $300 is required for the acquisition of replacement property with a closing or a fee of $150 is required for disbursements of exchange proceeds to acquire replacement personal property without a closing. Interest is paid on exchange proceeds held during personal property exchanges, as described under Real Property Exchanges.
Improvement Exchanges & Reverse/Title Holding Exchanges
National 1031 Exchange Service will quote fees for Improvement and Reverse/Title Holding Exchanges of personal property on an individual transaction basis.
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