#3500 @001 State the name of the OWNER of the property: @002 State the name of the BROKER: @350 State the property's description: #3501/#3502/#3503 The OWNER will exchange for: IRS Section 1031 (Tax free exchange) Property only- no boot Property with limited boot #if#3501 !351 Enter maximum boot to be paid by OWNER: !352 Enter maximum boot to be received by OWNER: #endif #if#3503 !353 Enter maximum boot to be paid by OWNER: !354 Enter maximum boot to be received by OWNER: #endif #3504 @357 Enter the number of days for exclusive listing: !355 Enter the minimum commission for BROKER: @356 State the percentage of boot received as commission: @358 Enter the date of the listing: #end control section #3500 /* Para. 3500: Real Estate Exchange Listing */ REAL ESTATE BROKERAGE- EXCHANGE AGREEMENT @001, referred to as OWNER, and @002, referred to as BROKER, agree: OWNER owns property described as: @350 which OWNER desires to exchange for: #3501 /* Para. 3501.arm: 1031 */ Like kind property, with no more than $ @351 (!351 dollars) boot required to be paid by OWNER, and no more than $ @352 (!352 dollars) boot to be received by OWNER. The transaction procured by BROKER shall qualify for a tax free exchange for OWNER, subject to the limitations of boot described above. #3502 /* Para. 3502.arm: No boot */ Property of like value, without boot. #3503 /* Para. 3503.arm: Boot */ Property of like value, with no more than $@353 boot to be received by OWNER, nor more than $@354 boot to be paid by OWNER. #3504 /* Para. 3504.arm: Closer */ BROKER is herewith appointed to act as exclusive agent to negotiate an exchange for a period of @357 days, under the terms and conditions stated above. Should BROKER procure an exchange, meeting the criteria stated above BROKER shall be entitled to compensation as follows: A minimum commission of $@355 (!355 dollars); and @356 per cent of boot received (if any). Dated: @358 _____________________________________________ @001, OWNER _____________________________________________ @002, BROKER