Legal FAQs

FinCEN Update: NAR, Court Hold, Beware Paid Registration, US Govt Filing Site is Free

2024-12-04T16:29:34-05:00December 4th, 2024|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 [...]

NAR Window the Law – Anti Money Laundering FINCEN BOI December 31 2024

2024-12-02T13:39:25-05:00December 2nd, 2024|Legal FAQs|

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 [...]

NAR Webinar on FINCEN BOI (12/10/24 from 2 pm to 3 pm EST) Please Register!

2024-12-02T11:09:29-05:00December 2nd, 2024|Legal FAQs|

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 [...]

NAR Professional Standards Training Resources

2024-11-26T09:20:57-05:00November 26th, 2024|Legal FAQs|

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 [...]

EV Charging Stations Article

2024-11-25T09:19:06-05:00November 25th, 2024|Legal FAQs|

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 [...]

NAR on Free FINCEN BOI Registration

2024-11-18T11:47:22-05:00November 18th, 2024|Legal FAQs|

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 [...]

FINCEN BOI Small Entity Compliance Guide – Beneficial Ownership Interest

2024-11-18T11:44:09-05:00November 18th, 2024|Legal FAQs|

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 [...]

FINCEN BOI Beneficial Ownership Interests

2024-11-18T11:31:32-05:00November 18th, 2024|Legal FAQs|

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 [...]

NAR BOD updated ethics article #4

2024-11-13T12:08:18-05:00November 13th, 2024|Legal FAQs|

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 [...]

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