Poem Lineage By Margarettheme

ESTATE AGENTS - ANTI-MONEY LAUNDERING

The Government has issued an order regarding money laundering, to help traders to have a grid reference, a kind of mirror to follow, to help in identifying suspicious transactions in real estate. We have studied and summarized the most important steps - for the agencies of the circular-Fiaip of 01.03.2011. is always at your disposal for any further information .

Source: circular Fiaip disclosed yesterday:

  Here are the specific indicators of abnormal activity ' agency business in real estate brokerage,    in implementation of the recent decree issued to facilitate the operators Business, identifying suspicious transactions  :  

  -1 -  

  Request   make investments in real estate for amounts   inconsistent with the economic pa-   trimoniale   the customer or the company's group membership, or in the absence of any link with the   State in which they are  

  property, especially if the client and 'a person "politically exposed".   (essentially   it comes to buying disproportionate compared to the likely acquirer of wealth, or located in   geographical areas are not rationally related to his personal life or his active   ity).  

  -2 -  

    Repeated use of contracts to third party contracts for the person to be appointed or headers fi       duciarie  , involving rights in immovable property.   (the meaning is intuitive but it is worth specifying  

  that, for example, the normal header property for the children, by parents, is indicated only if   be "repeated" or unreasonably frequently in time-  while more attention will be placed on 

  fiduciary or person to be appointed on contract, especially if the   has appointed an outsider compared to the promisee).  

  -3 -  

  Request for purchase or sale of real estate     cash, especially for very large amounts.  

  -4 -  

   Refusal or reluctance to provide accurate information    has the 'payment of the consideration of a   buying or selling real estate.  

  -5 -  

  purchase or sale of real estate   at a price much higher than its market value  .  

  -6 -  

  Purchase of property without     have adequate information on the location or status   the same, or fairness' in the contractual conditions.  

  -7 -  

  purchase and subsequent sale of one or more 'property for a limited period of time     or   sale and         next purchase, especially if the second transaction, and 'made for very different amounts than  

  the initial transaction.  

Roberto Mazzanti - Rag. Accountant