News & Resources

There is a different type of housing that is becoming increasingly popular in the United States: small houses. In fact, colonies of homes, approximately 350 to 600 square feet, and even smaller being built. Why? For many who decide to purchase these homes, it is an alternative to simply renting. In fact, these small homes are a means for many […]

UPDATE:  On March 11, 2024, the U.S. Justice Department, on behalf of the Department of Treasury filed a Notice of Appeal in response to the Alabama District Court decision declaring the Corporate Transparency Act unconstitutional. After the filing, FinCEN  set forth the following statement: While this litigation is ongoing, FinCEN will continue to implement the Corporate Transparency Act as required by Congress, […]

In the aftermath of the recent Federal Court ruling that held the National Association of Realtors and large residential brokerages liable for approximately $1.8 billion in damages after finding that they conspired to keep residential commissions artificially high, questions as to how, moving forward, commissions for buyer and seller Realtors will be structured remain. Currently, sellers pay their Realtor’s commission, […]

In its efforts to further curb money laundering in the United States, the Financial Crimes Enforcement Network (“FinCen”) of the U.S. Treasury Department has proposed a rule that would require real estate professionals involved in closings to disclose the names of people behind anonymous limited liability companies and trusts involved in all cash residential property transactions, regardless of price. This […]