Business Continuity
At ExStra, the concept of business continuity means that our Exchangors will be able to complete their exchanges no matter what might unexpectedly happen to ExStra’s operational capabilities. We have taken the following steps to ensure continuity in this respect and we continually maintain these capabilities on behalf of our value Exchangors:
- All information and documents for each exchange are kept both electronically and physically in multiple locations. Recovery of either form of information after a substantial disruption of normal operations is possible in 24 hours or less.
- ExStra has reciprocal agreements with other Accommodators regarding the execution of reverse exchanges in cases of unanticipated business failure due to the loss of key personnel. In this highly unlikely case, the LLCs holding parked properties would be assigned to a different member and all relevant information would be transferred accordingly. Contact ExStra for information regarding these relationships.