Exeter 1031 Exchange Services

Exeter 1031 Exchange Services, LLC is the qualified intermediary inside The Exeter Group, a San Diego-based group of companies that also includes a regulated trust company, an exchange accommodation titleholder, and self-directed retirement account custody.

As qualified intermediary it administers forward, reverse, improvement, build-to-suit and construction exchanges, Zero Equity 1031 Exchanges, and qualifying exchanges involving foreign property. Exeter Asset Services Corporation acts as exchange accommodation titleholder when legal title has to be acquired and parked in a reverse or improvement exchange. Exchange proceeds can be held in a qualified trust account, a separate, segregated, dual-signature, restricted account established between the intermediary, the investor, and Exeter Trust Company as trustee, which is how the firm addresses the rule against actual or constructive receipt of sale proceeds.

The Exeter Group, LLC was founded in 2004 as the parent company and Exeter 1031 Exchange Services, LLC was founded in 2005. The group lists 10 locations: a national headquarters in San Diego, a trust company headquarters in Cheyenne, Wyoming, and regional offices in Los Angeles, Honolulu, Seattle, Chicago, Phoenix, Ft. Lauderdale, and Houston. It advertises specialist availability at any hour, with an after-hours number published on the site. Beyond exchanges the group offers self-directed IRAs and solo 401(k)s, custody for retirement plans and private funds, title holding trusts, directed trustee services, and specialty holding escrows.

Fees are not published. The site also reproduces Washington's required notice that exchange facilitation is not regulated by any state or federal agency and that it is the client's responsibility to determine that funds are held safely, so ask which account structure applies to your exchange and whether a fidelity bond is in place.