text: Accommodating party financial definition of accommodating party
  https://financial-dictionary.thefreedictionary.com/accommodating+party
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  A third party who holds money or other property for a short period of time in order to facilitate a tax-free exchange under Section 1031 of the IRS Code.The third party is called a qualified intermediary in the tax regulations.
  Example: Jack sells his office building to Jill for $400,000. Jill pays the money to Larry Lawyer, who keeps it in his escrow account. Larry is the accommodating party. When Jack meets the timing requirements of Section 1031 and wants to buy an apartment building for $1,000,000, Larry will write a check to the seller for $400,000 and Jack will pay the remaining $600,000. In common language, Jack can't have his fingerprints on the money, so an accommodating party is necessary.
  <a href="https://financial-dictionary.thefreedictionary.com/accommodating+party">accommodating party</a>
  Oyo lawmaker joins PDP, says he has returned to promised land
  A replacement property may be acquired and held (sometimes called "parked") by the accommodating party for up to 180 calendar days.
  But among unionists, David Trimble's more accommodating party is in a fierce electoral fight to the finish with Ian Paisley's totally uncompromising party.
  provides taxpayers with a means of qualifying their transactions by allowing them to treat the accommodating party in certain ''parking transactions'' as the owner of the property.