This fact sheet and anti-money laundering voluntary guidelines is aimed at increasing real estate professionals’ awareness, knowledge, and understanding of the potential money laundering risks surrounding real estate, and to enable real estate professionals to identify and to take practical measures to mitigate these risks. NAR encourages the distribution of this document by state and local REALTOR® associations, real estate commissions, and individual real estate professionals.
What Is Money Laundering? The Role of Real Estate Agents Recent Federal Action in Real Estate: Identifying Beneficial Ownership in Shell Companies Know Your Anti-Money Laundering (AML) Red Flags What Real Estate Professionals Can Do to Mitigate Risk Conclusion Additional Resources Advertisement
Real estate transactions can provide cover for various money laundering schemes.
