New rules arriving regarding real estate closing costsHolden Lewis
Another year, another set of new or revised laws. There are 100s of new or revised laws this year for California, several of which impact the real estate community. Over the next few weeks, we will highlight what we consider to be the most significant such laws. These new laws cover ...
real estate agencies, precious metal traders, precious metal exchanges, accounting firms, law firms, notary offices, and corporate service providers. Based on Circular No. 120, the AML Law 2024 deletes "corporate service providers", adds "gemstone spot...
NAR’s Center for REALTOR® Financial Wellness is hosting its last webinar on February 26 at 1 p.m. regarding tax changes for the 2024 filing year. Hear from a real estate tax strategist and get the tips needed to save time and money while reducing your stress this tax season.Education...
to a legal entity (a Transferee Entity) or trust (a Transferee Trust). The reporting responsibilities would apply to certain persons involved in real estate closing and settlement (Reporting Persons), which include settlement agents, title insurance agents, escrow agents, and attorneys, and o...
He also recommends that if you have a spouse or partner, you get on the same page regarding debt. “In the end, the best kind of debt is one with a zero balance,” Pandit says. 5. Start Investing Investing goes hand-in-hand with the "pay yourself first" resolution. ...
to have the owner of the building or structure complete specific forms and declarations that identify the property and any agents or contractors performing the work, if applicable, and declaring the project complies with various laws. Existing law also requires the city or county to provide notice...
As we step into 2024, Illinois is on the brink of significant legal changes that will impact both residents and employers across the state. From shifts in employment laws to enhanced protections for temporary workers and freelancers, these changes are designed to promote fairness, transparency, and...
“Bid-rigging and kickbacks have obviously been a way of life for many years in the residential real estate industry. But, by violating their positions as managing agents, building superintendents, and co-op board members to divert tenant funds into their own pockets, the defendants siphoned ...
can help you select an entity that is suited to your situation. We also prepare and file all necessary documentation to establish your business in good standing under state laws and provide assistance with name searches, registrations, compliance with federal, state and local regulations, and prepar...