Exchange Period
The 180-day window after a 1031 exchange sale closes during which the seller must close on the identified replacement property to complete the exchange. The deadline runs from the sale close date and is not extendable. Construction delays, financing-contingency failures, and title issues that push the replacement closing past 180 days disqualify the exchange and trigger immediate recognition of the deferred gain. Sellers and their tax advisors typically build buffer into the schedule because the 180-day clock cannot be paused for any reason.
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Related terms
Absorption Rate · AFFO per Share · Allowed Return on Equity · Alternative Investments · Anchor Tenant · Assets Under Management
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