A tax-deferred, like-kind exchange transaction whereby the disposition of the relinquished property and the acquisition of the replacement property close or transfer at the same time. A Simultaneous Exchange is also referred to as a Concurrent Exchange.
An exchange without any time span between the sale and buy.
An exchange, wherein both sale and acquisition properies are exchanged on the same day. Much more popular before the Starker Court Case.
Also referred to as a concurrent exchange when the Exchanger transfers out of the Relinquished Property and receives the Replacement Property at the same time.