Replacement property identification

3-property rule: You may identify any three properties as possible replacements for your relinquished property. More than 95% of exchanges use the 3-property rule.

200% rule: You may identify any number of properties as possible replacements for your relinquished property as long as the aggregate value of those properties does not exceed 200% of the value of your relinquished property.

95% exemption: You may identify any number of properties as possible replacements for your relinquished property as long as you end up purchasing at least 95% of the aggregate value of all properties identified.



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Felice “Lisa” K. Fletcher, Coldwell Banker James C. Otton Real Estate, Inc., 9626 2nd Ave., P.O. Box 68, Stone Harbor, NJ 08247-1955
Office: (800) 708-5789 - (609) 368-4766 - Cell: (215) 421-1704 - FAX: (609) 368-4533 - Email: 
lisa@lfletcher.com

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