FinCEN & Real Estate Reporting: What REALTORS® Need to Know

Description

Please join MSBR Affiliate, Lori McDonald with Eastern Shore Title Company for an informational session on FinCEN & Real Estate Reporting. The following will be covered: •What REALTORS® need to know about FinCEN’s Residential Real Estate Reporting Rule and how it affects their transactions •How to recognize reportable transactions and avoid delays or compliance issues at closing •Best practices for communicating new requirements to buyers and sellers •How to work effectively with title and settlement professionals under the new rule •Key risks, penalties, and practical impacts on contracts, timelines, and closing. Hybrid session, choice of In-Person or virtual Zoom.