On February 7, 2024, the U.S. Department of the Treasury’s Financial Crimes Enforcement Network (“FinCEN”) issued a Notice of Proposed Rulemaking (the “Proposed Rule”) designed to combat and deter money laundering in the U.S. residential real estate sector, which has made it difficult for legitimate buyers to acquire real estate due in part to inflated prices resulting from an increase
Real Estate, Land Use & Environmental Law Blog
Up-to-date Information on Real Estate, Land Use & Environmental Law
Blog Authors
Latest from Real Estate, Land Use & Environmental Law Blog
Restrictive Covenants in Real Estate: Next Antitrust Enforcement Target?
The Federal Trade Commission (the “FTC”) and Department of Justice, Antitrust Division (the “DOJ”) (together the “Agencies”) continue to carry out the Biden Administration’s stated mission to reinvigorate antitrust enforcement to “Promote Competition in the American Economy.”…
Governor Abbott of Texas Issues New Order
On Tuesday, March 31, 2020, Governor Greg Abbott issued an Executive Order effective 12:01 A.M., Thursday, April 2, 2020, directing every person in Texas to minimize social gatherings and minimize in-person contact with people who are not in the same household, except where necessary to provide or obtain essential services. The Executive Order issued by Governor Abbott is set forth…