Primary Purpose:
Provides exchange services to members in a manner that reflects the priorities, mission, goals and values of Towne Exchange, LLC and TowneBank.
The good-faith compensation range for this role is expected to be $, to $,, based on the role, market, internal equity, and candidate qualifications.
Essential Responsibilities:
Coordinates with the taxpayer’s attorney and/or tax advisor and provides exchange transaction documentation as needed so that the exchange rules and regulations are thoroughly understood.Prepares the necessary exchange documentation which includes exchange agreement, assignment agreements, notice of assignment, exchange account forms, and instructions to the closing officers. Handle acceptance and disbursement of funds in accordance with rules. Holds and protects exchange proceeds on behalf of the taxpayer until exchange funds are needed to purchase the replacement prop...