911: NAR on FinCen, Anti Money Laundering, Anti Terrorism Funding Through Real Estate
In February 2024, NAR submitted a formal comment in response to FinCEN's proposed anti-money laundering rule on this issue. The final rule requires certain real estate professionals to report information for non-financed residential real estate transactions, and transfers of real estate to trusts or legal entities.7 days ago FinCEN Issues New Anti-Money Laundering Rule for… Continue Reading 911: NAR on FinCen, Anti Money Laundering, Anti Terrorism Funding Through Real Estate