Biden eyes tighter rules for shell-company real estate purchases

Dec 6, 2021 |

The U.S. Treasury Department will begin developing regulations that could expand reporting requirements for all-cash real estate purchases as part of the Biden administration’s efforts to cut down on global corruption, according to two senior administration officials. The new rule could force title insurance companies to turn over information about cash purchases funneled through shell […more]

Posted in: San Francisco

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