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The Federation of Exchange Accommodations of the 1031 exchange is also responsible for answering to the legislative and regulatory actions. This can be expected from the state and national levels. The main responsibility of the Federation of Exchange Accommodation of the 1031 exchange to the state legislatures and regulatory agencies in regards to the licensing and regulations of the exchange professionals include commenting and testifying on behalf of the Federation of Exchange Accommodations of the 1031 exchange as well as the individual Qualified Intermediaries.
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