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What is an Exchange Transaction?
An exchange transaction is an agreement between two or more parties that denotes the exchange of like-value items between the parties of the contract. This type of contract can be used for the exchange of goods for money or to trade items of like value between the parties. The contract language describes what the exchanged items are and what their value is.
The purpose of the exchange transaction is to formally document the exchange of goods between the parties. By ensuring the transaction is formally documented, parties can be assured that their interests are protected.
Who Helps With Exchange Transactions?
Lawyers with backgrounds working on exchange transactions work with clients to help. Do you need help with an exchange transaction?
Post a project in ContractsCounsel's marketplace to get free bids from lawyers to draft, review, or negotiate exchange transactions. All lawyers are vetted by our team and peer reviewed by our customers for you to explore before hiring.