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#234227 - 06/23/08 12:23 PM Financial Tracking and Reporting FINTRAC
DavidPylyp Member Registered: 11/09/05 Posts: 109 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]
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#234234 - 06/23/08 01:17 PM Re: Financial Tracking and Reporting FINTRAC [Re: DavidPylyp]
Vermont007 Veteran Member Registered: 04/12/08 Posts: 773 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"
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#234656 - 06/25/08 02:22 PM Re: Financial Tracking and Reporting FINTRAC [Re: Vermont007]
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
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#234910 - 06/26/08 04:21 PM Re: Financial Tracking and Reporting FINTRAC [Re: Mike Bouma]
DavidPylyp Member Registered: 11/09/05 Posts: 109 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]
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