NOTE: An Individual Identification Information Record is required by the Proceeds of Crime (Money Laundering) and Terrorist Financing Act. This Record must be completed by the REALTOR® whenever they act in respect to the purchase or sale of real estate. Please note this information is kept with the strictest of confidence and will not be shared with any third parties other than the Government of Canada.
It is recommended that the Individual Identification Information Record below be completed and is mandatory to purchase or sell real estate with Nevin Van Nest and Royal LePage Foothills.
(i) for a buyer when the offer is submitted and/or a deposit made, and
(ii) for a seller when the seller accepts the offer.
To learn more about FINTRAC and why your realtor needs you to complete this form please visit The Government of Canada’s website at http://www.fintrac.gc.ca
Please complete the form below. If you have any questions feel free to contact us.
A. Verification of Individual
NOTE: This section must be completed for clients that are individuals or unrepresented individuals who are not clients, but are parties to the transaction (e.g. unrepresented buyer or seller). Where an unrepresented individual refuses to provide identification after reasonable efforts are made to verify that identification, a REALTOR® must keep a record of that refusal and consider sending a Suspicious Transaction Report to FINTRAC if there are reasonable grounds to suspect that the transaction involves property from the proceeds of crime, or terrorist activity.
© CREA July 03 2008. This document has been prepared by The Canadian Real Estate Association for the explicit use by members in complying with requirements of Canada’s Proceeds of Crime (Money Laundering) and Terrorist Financing Act (PCMLTFA) © 2008