Legal FAQs

Beware paid sites for FinCEN. Hotline is hearing of $300+ charges for filing. The government's filing website is free: https://fincen.gov/boi NAR has a webinar on December 10. https://www.nar.realtor/washington-report/real-estate-compliance-webinar-on-the-fincen-beneficial-ownership-rule A court just put a hold that NAR will discuss December 10 or sooner: https://www.maynardnexsen.com/publication-texas-district-court-issues-injunction-blocking-beneficial-ownership-information-reporting-requirements-under-the-corporate-transparency-act This information is only accurate as of 12/03/24. You must contact SCR [...]

https://www.youtube.com/watch?v=6BYU1Kaltaw This information is only accurate as of 12/02/24. You must contact SCR for updates and changes to this information after 12/02/24 as laws and regulations may change over time. SCR 803-772-5206 or email info at screaltors.org or email byron at screaltors.org) This information is not legal advice. This information is intended only to provide [...]

https://www.nar.realtor/washington-report/real-estate-compliance-webinar-on-the-fincen-beneficial-ownership-rule Brokerages can easily input their corporate information on the fed website for FINCEN BOI. You do not need a FINCEN # to complete the online registration for FINCEN BOI. FINCEN BOI registration is due by the end of the year, January 1, 2025. NAR legal says that non-profits are exempt. This information is only [...]

https://www.nar.realtor/about-nar/policies/professional-standards-and-code-of-ethics/educational-resources This information is only accurate as of 11/26/24. You must contact SCR for updates and changes to this information after 11/26/24 as laws and regulations may change over time. SCR 803-772-5206 or email info at screaltors.org or email byron at screaltors.org) This information is not legal advice. This information is intended only to provide [...]

https://www.hklaw.com/en/insights/publications/2024/11/take-charge-considerations-when-installing-ev-charging-stations This information is only accurate as of 11/25/24. You must contact SCR for updates and changes to this information after 11/25/24 as laws and regulations may change over time. SCR 803-772-5206 or email info at screaltors.org or email byron at screaltors.org) This information is not legal advice. This information is intended only to provide [...]

Have some time to improve your professionalism in December? December 2024 is the last of the 2024 NAR No Cost ABR Accredited Buyers Representative online courses (live or self paced). December Live Online December 3 and 4 Live Online December 18 and 19 Also get your 2.5 hours of NAR ethics training (mandatory) triennial by [...]

Per NAR: The cost of the filing is free through FinCEN, and the process to file is pretty simple. FinCEN has several resources to assist with compliance and it is best for companies to engage directly with FinCEN and to find information at https://fincen.gov/boi, and to complete the filing documentation and information here: https://boiefiling.fincen.gov. Here [...]

https://www.fincen.gov/sites/default/files/shared/BOI_Small_Compliance_Guide.v1.1-FINAL.pdf This information is only accurate as of 11/18/24. You must contact SCR for updates and changes to this information after 11/18/24 as laws and regulations may change over time. SCR 803-772-5206 or email info at screaltors.org or email byron at screaltors.org) This information is not legal advice. This information is intended only to provide [...]

https://fincen.gov/boi https://d7.nar.realtor/money-laundering-and-terrorism-financing?random=9886467 https://www.nar.realtor/washington-report/fincen-issues-final-beneficial-ownership-access-rule https://www.youtube.com/watch?v=tJN6eB_Sm0U https://fincenreport.com/ This information is only accurate as of 11/18/24. You must contact SCR for updates and changes to this information after 11/18/24 as laws and regulations may change over time. SCR 803-772-5206 or email info at screaltors.org or email byron at screaltors.org) This information is not legal advice. This information is [...]

Realtors who have a present ownership interest in property for sale or lease, or contemplated interest to purchase or lease property, must disclose in writing the existence of such interest to all parties to the transaction prior to a party signing any agreement. This information is only accurate as of 11/13/24. You must contact SCR [...]