Effective December 1, 2025, the U.S. Treasury Department’s Financial Crimes Enforcement Network (FinCEN) will implement new rules for non-financed residential real estate transfers. The purpose of the rule is to increase...more
4/21/2025
/ Anti-Money Laundering ,
Beneficial Owner ,
Business Entities ,
Filing Requirements ,
FinCEN ,
New Regulations ,
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Real Estate Market ,
Real Estate Transactions ,
Regulatory Requirements ,
Reporting Requirements
New York amended its Property Condition Disclosure Statement to include the disclosure of indoor mold. This change takes effect today, June 14, 2023, and applies to the sale of residential property, unless the transaction is...more
A limited liability company (“LLC”) involved in either the sale or purchase of a one-to-four family dwelling in New York state must now disclose the names and contact information for all managers, owners and agents associated...more