Q: 1031 exchange vacant land for residential property.
im the seller in this 1031 exchange in arizona. now they got a warranty deed and i got nothing but a modified note stating new loan amount conditions and it states we GAVE said acre back to seller. no new deed for us has been recorded. only deeds the title company sold after we bartered traded said acre. we are still left with loan amount. we never got our part of sale. this was done over 25 years ago. title company still wants their payments. a prior encumberance was paid from this transaction. we have a contract for the encumberance states title company agent is to disburse 0 percent to prior encumberances because our policy states it is to remain seller trustors responsibility we signed and agreed. $18,000.00 is unaccounted for who got it the prior lien holder. is that a breach of contract
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A: Hire a competent AZ attorney to file suit for Specific Performance, Breach of Contract, etc.
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