OR Forms/FinCEN Requirements Update, Webinar, 1 CE

Learn about the recent OR Forms changes, including:

• A new section added to all Sales Agreements for required reporting to Financial Crimes Enforcement Network (FinCEN) of certain cash transactions by entity purchasers, as required by new federal regulations
• Updated disclosures related to water rights as required by state law
• New form 1.1A that allows sellers to make direct offers to buyers
• Updated timelines and responsibilities for well and septic testing
• Added advisory language related to flood insurance requirements
• New Sales agreement Spanish version

Taught by: Michael Warren II