TVPX’s system for handling our client’s 1031 exchange funds provides for the highest levels of security. Escrow accounts are set up with our bank in separate accounts with interest accruing for the benefit of the client in compliance with IRC Section 468B.
TVPX is bonded and carries errors and omission insurance well above the limits required by any state.
Our certificates are available by clicking here. Transfers in and out of client accounts are carefully protected by internal and external controls. Additional available safeguards include:
- 100% FDIC insured accounts
- Written client authorizations required for withdrawals
- Qualified trusts accounts
If you would like more information regarding how funds are held, please contact TVPX at +1 978.610.1234.