WELCOME TO MERIDIAN TITLE COMPANY!
WE ARE MERIDIAN TITLE
Meridian Title Company is a locally owned, full-service title insurance agency and closing/escrow office licensed in Missouri and Kansas.
As a full-service title insurance and closing/escrow agency, Meridian Title Company offers a wide array of products and services including:
Paper or Modern Paperless Process
Drop off, fax, mail or upload draw documentation
Multiple Disbursement options
Check Pickup/Mail (All MTC and SAAT Locations)
Outgoing ACH – Simplify payment and reduce trips to our offices
E-signature process for required forms
Traditionally sign documents in person
Sign documents through our secure client portal
Lisa has over 15 years in construction disbursement and has worked with some of the largest commercial and residential builders in SWMO. Nobody can match her attention to detail and expertise in the industry today.
What do we do?
In the most technical sense, a QI is a person or entity acting to facilitate an exchange under section 1031 and the regulations. This person may not be the taxpayer or a disqualified person . Section 1.1031(k)-1(g)(4)(iii) requires that, for an intermediary to be "qualified", the intermediary must enter into a written exchange agreement with the taxpayer and, as required by the exchange agreement, acquire the relinquished property from the taxpayer, transfer the relinquished property, acquire the replacement property, and transfer the replacement property to the taxpayer. I
In plain English, the QI acts as the buyer of the relinquished property and seller of the replacement property with the exchanger, which is what creates the exchange part of the transaction. The QI also holds the funds from the sale of the relinquished property until it is time to purchase the replacement property, thereby meeting the requirement that the seller not have receipt of funds during the exchange period. At Meridian Title Company, we hold all funds in segregated accounts, so you can rest assured that your funds will not be comingled with anyone else's.
Additional responsibilities of the QI include:
Structuring the exchange
Preparing the related documentation
Safeguarding proceeds from the sale of the relinquished property(s)
Continuous monitoring and advising to ensure compliance with federal and state 1031 and QI requirements
We can't wait to hear from you
1334 E Republic Road
Springfield, MO 65804