National 1031 Exchange Services, headquartered in California, serves as a Qualified Intermediary for 1031 exchanges. The company handles the acquisition of the relinquished property from the seller and facilitates its transfer to the buyer. They secure the sales proceeds during the transaction and assist the exchanger in acquiring a new replacement property. National 1031 Exchange Services emphasizes the security of the funds, which are held and protected by the trust department of a major commercial bank. They offer special accounts that require co-signers if needed. The company's documentation clearly outlines their responsibilities as an accommodator in the exchange process. However, they are not members of the Federation of Exchange Accommodators.