Unwitting accomplices
Article Abstract:
The USA PATRIOT Act requires financial institutions and others to implement customer identification program to ensure that they are not taking money from individuals or businesses prohibited from doing business in the United States. Though federal requirements for setting up customer identification programs do not apply to Real estate brokers, they can be penalized for transacting with such individuals or businesses. Office of Foreign Asset Control (OFAC) has listed some guidelines which real estate professionals can take to protect themselves against violations.
Publication Name: Realtor Magazine
Subject: Real estate industry
ISSN: 1522-0842
Year: 2004
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Federal no-call rules
Article Abstract:
The new rules adopted by the federal government that allows some leeway in calling potential clients are presented. Answers to the questions about what the new no-call registry means, provided by the National Association of Realtors (NAR) legal and regulatory analysts, are presented.
Publication Name: Realtor Magazine
Subject: Real estate industry
ISSN: 1522-0842
Year: 2003
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In the no-call cross fire
Article Abstract:
No-call laws have been passed and implemented in several states to stop telemarketing fraud. However, these legislations have made it difficult for real estate practitioners to build their client base through cold calling.
Publication Name: Realtor Magazine
Subject: Real estate industry
ISSN: 1522-0842
Year: 1999
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