Archive for August 2024

FinCEN Issues Final Rules to Safeguard Residential Real Estate, Investment Adviser Sectors from Illicit Finance Back in February 2024 FinCEN released proposed rule RIN 1506-AB54  addressing Anti-Money Laundering Regulations for Residential Real Estate Transfers and FLTA responded with its own letter of recommendations in April. After reviewing more than 600 comments, letters and submissions, FinCEN has released their final rule on the matter. Here…

Economic Forecast Series featuring Moody’s Analytics – Complimentary The Title Report has invited two nationally renowned economists from Moody’s Analytics to share their views on the economy for this quarter and the remainder of the year on the Economic Forecast Series featuring Moody’s Analytics webinar. Together they will share expertise on the housing market as well as interest…

Miami-Dade Adds FOG Disclosure to List of Items to be Acknowledged on Instrument of Conveyance In April 2023, the Miami-Dade Board of County Commissioners (BOCC) passed a resolution requiring for the disclosure of fats, oil and grease (FOG) generators for real estate transactions by the seller to a prospective buyer at time of contract. Furthermore, the BOCC…