Get the free Exchange of Property / Combination of Lots - Baton Rouge
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Date Received: Street Name Change City of Baton Rouge / Parish of East Baton Rouge Office of the Planning Commission, 1100 Laurel Street, Suite 104 Baton Rouge, Louisiana 70802Staff Use Only Fee(s):
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How to fill out exchange of property combination
How to fill out exchange of property combination
01
Start by gathering all the necessary documents related to the properties you wish to exchange.
02
Determine the market value of each property to ensure a fair exchange.
03
Find a qualified real estate attorney or a licensed exchange intermediary to facilitate the process.
04
Prepare an exchange agreement outlining the terms and conditions of the property exchange.
05
Coordinate with the other party involved in the exchange to finalize the details and negotiate any potential differences.
06
Complete the necessary paperwork and submit it to the appropriate authorities, such as the local land registry office.
07
Arrange for the transfer of ownership and make sure all legal requirements are met.
08
Finally, update your records and notify any relevant parties about the change in property ownership.
Who needs exchange of property combination?
01
Individuals or businesses who own one or more properties and wish to exchange them for a variety of reasons.
02
Investors looking to diversify their real estate portfolio.
03
Individuals or businesses seeking tax advantages through a 1031 exchange.
04
Property owners who want to upgrade or downsize their current properties.
05
People who want to consolidate their real estate holdings into a single property.
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