Client Information Form

Client information for buyers and sellers

Name: Idriss Movahedzadeh
Address: 210-310 Wellman Lane, Saskatoon, SK, S7T 0J1, CA
Telephone: (306) 270-0725

Federal law requires me to record some information about every client in a real estate transaction, whether you are buying or selling. Filling in this secure form takes about 2 minutes and saves us doing it over the phone.

Your full name

Your email or phone number

Is this person retired? Not Retired Retired

Nature of principal business / occupation

Name of institution / organization / employer

Are you a: Politically exposed foreign person (foreign PEP) or family member/close associate of one Politically exposed domestic person (domestic PEP) or family member/close associate of one Head of an international organization (HIO) or family member/close associate of one None of the above

I understand this information is collected because it is required under Canada’s federal Proceeds of Crime (Money Laundering) and Terrorist Financing Act, and I consent to Idriss Movahedzadeh (CENTURY 21 Fusion) collecting it for that purpose.

Why am I asked for this information?

The following is provided by The Canadian Real Estate Association (CREA)

Federal money laundering and anti-terrorist financing rules require real estate agents and brokers to collect personal identification information from buyers and sellers.

Your REALTOR® is asking questions because… it’s the law

Your REALTOR® must obtain personal information to comply with the law.

It is the federal Proceeds of Crime (Money Laundering) and Terrorist Financing Act (PCMLTFA) that requires financial institutions and real estate agents to obtain information about individuals who conduct financial transactions, including buying and selling real estate. Canada has had this legislation since 2001, and it applies to every buyer and seller in every transaction.

Occupation and employer. REALTORS® must document personal information, including occupation, and proof of identity of their client in each and every transaction.

Politically Exposed Person / Head of International Organization. Your REALTOR® is obligated to ask whether you or your family members and close associates have held certain positions in a Canadian government, or in or on behalf of a foreign state or an international organization.

Your information is kept confidential. The only reason the REALTOR® keeps your personal information on file is to comply with federal laws. It will not be used in any commercial way, and will not be provided to anyone else except in response to a request from the federal agency responsible for compliance, FINTRAC. The law requires these files be kept at the broker’s office for five years.

Source: “Your REALTOR® is asking questions because… it’s the law” — © The Canadian Real Estate Association. More information: fintrac-canafe.canada.ca or call FINTRAC toll-free 1-866-346-8722.

Questions? Call or text me directly at (306) 270-0725.