FINTRAC is a federal program designed to stop money laundering and the sale of properties in the support of crime. Durring the Listing and Selling process, I will be asking you to provide ID and fill in this form as a very important safety mesure.
CREA recommends that REALTORS® advise clients of the FINTRAC requirements BEFORE any real estate documents are signed. This is to avoid members being involved in a buyer agency or listing agreement, only to discover the client later refuses to provide the identification information now required by law. A REALTOR® who continues to represent a client who refuses to provide identification information is in non-compliance of the law.
To view the form, please CLICK HERE