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Company sues title agency for negligence in 1031 exchange
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Court Report
Tuesday, August 26, 2014
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After a partial failure of a 1031 exchange, a medical supply distributor sued a South Dakota title agency for negligence and negligent misrepresentation. The trial court held that the title agency was negligent in assisting the distributor with the exchange, and the title agency appealed. The case then went before the Supreme Court of the State of South Dakota.
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