IRC Section 1031: Federal tax code governing like-kind exchanges, which allows for tax-deferred treatment of property swaps if certain requirements are met
FIRPTA: Foreign Investment in Real Property Tax Act - Required consideration if any party in the swap is a foreign person or entity
Federal Fair Housing Act: Federal law prohibiting discrimination in real estate transactions based on protected characteristics
Truth in Lending Act: Federal regulation that must be considered if any financing is involved in the property swap
State Property Laws: State-specific regulations governing real property ownership, transfer, and rights
State Recording Requirements: State-mandated procedures for recording property transfers and related documents
State Disclosure Requirements: State-specific rules about what information must be disclosed during property transfers
Local Zoning Regulations: Municipal or county rules governing property use and development restrictions
Local Transfer Taxes: Municipal or county taxes imposed on property transfers
Uniform Commercial Code: Relevant if personal property is included in the swap, governing commercial transactions
CERCLA: Environmental regulations concerning property contamination and cleanup responsibilities
ADA Compliance: Americans with Disabilities Act requirements if properties include public accommodations
Title Requirements: Regulations governing property title, insurance, and necessary documentation for transfer
State Contract Laws: State-specific requirements for valid contract formation and enforcement
Property Assessment Requirements: Rules governing property valuation and assessment for tax and exchange purposes
