Financial Tracking and Reporting FINTRAC - Realtors Marketing Tips, Talk, Webmasters Forum

Click Here to display our logo on your site and link to us!

You are not logged in. [Log In] Real Estate Forums » Forums » Real Estate » Canadian Real Estate Issues » Financial Tracking and Reporting FINTRAC

Topic Options

#234227 - 06/23/08 12:23 PM Financial Tracking and Reporting FINTRAC
DavidPylyp Member Registered: 11/09/05 Posts: 111 Loc: Toronto, Etobicoke, Mississaug...	New requirements are in effect June 23, 2008 It is incumbent upon a realtor to collect photo id for each real estate transaction. Forms released here: http://www.humberbayshore.com/siteobjects/soeditor/lite/docs/Fintrac%20instructions%20June08.pdf This applies to all Purchsers, Sellers, Power of Attorney and Corporations. _________________________ David Pylyp Toronto West, Etobicoke & Mississauga Elegant Homes in West Toronto Humber Bay Shore Condos [email] david@davidpylyp.com [/email]
Top

#234234 - 06/23/08 01:17 PM Re: Financial Tracking and Reporting FINTRAC [Re: DavidPylyp]
Vermont Veteran Member Registered: 04/12/08 Posts: 940 Loc: Glover, Vermont	I'm glad that this only applies to you and our Canadian Friends north of the Border. Something like that will be here soon enough, I'm sure; but we can still buy and sell property with personal checks. Certifying Identities is not something I'm too keen on getting involved with in the near future. _________________________ Dale C. Hittle of GOLDEN RULE PROPERTIES in Glover, Vermont Where We're Always Striving To Put Together "THE FAIR DEAL"
Top

#234656 - 06/25/08 02:22 PM Re: Financial Tracking and Reporting FINTRAC [Re: Vermont]
Mike Bouma Member Registered: 04/18/08 Posts: 15 Loc: Oshawa, Ontario, Canada	Sure its one more form to fill out (as if we don't have enough paperwork), but I dont see the big deal. I can't rent a movie at blockbuster without showing my ID why can you buy a house without it? _________________________ www.bouma.ca Re/Max Ability Real Estate Ltd,. Brokerage
Top

#234910 - 06/26/08 04:21 PM Re: Financial Tracking and Reporting FINTRAC [Re: Mike Bouma]
DavidPylyp Member Registered: 11/09/05 Posts: 111 Loc: Toronto, Etobicoke, Mississaug...	I have no problem with the legislation; Protects the consumer. BUT; They left the information to Realtors to dispense. I THINK THEY SHOULD HAVE MADE A FEW ADVERTS - FINTRAC _________________________ David Pylyp Toronto West, Etobicoke & Mississauga Elegant Homes in West Toronto Humber Bay Shore Condos [email] david@davidpylyp.com [/email]
Top

View All Topics

Hop to:

Moderator: Carolyne Brampton RealEstate Toront

Newest Members

Jesse Title Guy, Moe, jbs2212, lauria240, 702REALTOR
12450 Registered Users

40 registered (Alabama, BpoBill, bristowVA, CALL TODAY SMILE TOMORROW, CanDo, CandyMan, 4 invisible), 86 Guests and 6 Spiders online.

Key: Admin, Global Mod, Mod

Search

Shout Box

Good Ideas

Nusetlock.com

Energized Seller

Realtor Websites

Sponsors

Real Estate Careers, Get Certified. Improve your BPO business., How To Advertise Here

This site presented by RNC Internet Services