SCR News Feed

NAR on FinCEN BOI, court hold: On December 3, 2024, the U.S. District Court for the Eastern District of Texas issued a nationwide preliminary injunction enjoining the federal government from enforcing the Corporate Transparency Act (CTA). This means the Financial Crimes Enforcement Network (FinCEN), as part of the Treasury Department, cannot currently enforce the Beneficial… Continue Reading NAR: FinCEN BOI Court Hold, NAR Webinar December 10th, Beware Huge Filing Fees, Contact HOTLINE ASAP

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

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

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

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… Continue Reading NAR Professional Standards Training Resources

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… Continue Reading EV Charging Stations Article

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… Continue Reading Last Month for NAR No Cost ABR (Live or Self Paced) Online Courses

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… Continue Reading NAR on Free FINCEN BOI Registration

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… Continue Reading FINCEN BOI Small Entity Compliance Guide – Beneficial Ownership Interest

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… Continue Reading FINCEN BOI Beneficial Ownership Interests