Including home buying and selling, commercial, international, NAR member information, and technology. Use the data to improve your business through knowledge of the latest trends and statistics.
Stay current on industry issues with daily news from NAR. Network with other professionals, attend a seminar, and keep up with industry trends through events hosted by NAR.
Including home buying and selling, commercial, international, NAR member information, and technology. Use the data to improve your business through knowledge of the latest trends and statistics.
Stay current on industry issues with daily news from NAR. Network with other professionals, attend a seminar, and keep up with industry trends through events hosted by NAR.
The following questions will help real estate professionals better understand and navigate the Financial Crimes Enforcement Network (FinCEN) Residential Real Estate Rule (Rule). The Rule requires designated professionals involved in real estate closings and settlements to report information about certain non-financed transactions to FinCEN.
The Rule’s purpose is to increase transparency and prevent money laundering and other criminal activity in the residential real estate sector by capturing information regarding the true owners behind legal entities that are engaged in transacting in real estate where there is no financing involved.
These FAQs are intended to provide an informational overview.
I. General FinCEN Residential Real Estate Rule FAQs
II. FinCEN Residential Real Estate Rule FAQs for Real Estate Professionals
