FIRPTA for Realtors

1500 Arrow Point Dr.,Cedar Park TX 78613

16 November, 2022

Description

TREC requires that all attendees be present for the entire duration of the class to receive credit.Course: 40348 | CE: 1 HR | Cost: $10 Provider: First National Title Insurance Company, #9942 A detailed discussion of the Foreign Investment in Real Property Act and guidelines on how to handle this situation during closings. Topics covered: What is FIRPTA?Who is a "Foreign Person"?What are the Withholding Requirements?What are Some Exceptions to the Withholding Requirements?Are TINS Required for all Parties?What if this is a Short Sale?What if not all the Sellers are "Foreign Persons"?Who is Responsible for Complying with FIRPTA?How is the Withholding Submitted and Reported?Instructor: Michelle Hebert, First National Title Insurance Co. Light snacks will be provided.