Money Laundering Act (GwG) –
Our duty for transparency and security
As real estate agents, we are one of the legally obligated professional groups. We comply with all requirements of the Money Laundering Act – for your security and greater transparency.
Why does the Money Laundering Act affect real estate agents?
Duty to control – responsibility for trust
Real estate transactions often involve large sums of money and are therefore vulnerable to money laundering attempts. Therefore, the Money Laundering Act (GwG) stipulates special due diligence obligations for real estate agents. As a reputable company, we carefully verify the identity of our clients and document all business transactions. This puts us on a par with banks, notaries, and lawyers – and makes an active contribution to combating money laundering.
These three points show what the Money Laundering Act means for you.
01
Legal obligation
According to Section 2 Paragraph 1 No. 14 of the GwG, we are obliged to comply with all requirements.
02
Identity verification
Before concluding contracts, we must clearly establish the identity of our customers.
03
Dokumentation
All relevant documents and audits are stored securely and traceably.
This is how we ensure that every transaction is legally sound and transparent. Compliance with anti-money laundering laws is not an option, but a requirement. This includes, among other things, identity verification, transaction documentation, and the reporting of suspicious activity. For you, this means maximum security for all real estate transactions. Here's an overview of the most important requirements:
identification
We check identification documents and ensure that the buyer and seller are clearly known.
Reporting obligation
If we suspect money laundering, we are legally obliged to inform the authorities immediately and directly.
confidentiality
Your personal data will always be treated in accordance with the GDPR – strictly confidential, protected and used exclusively for legal purposes.
Many customers wonder what data is collected, how it is protected, and why real estate agents play such an important role in anti-money laundering laws. Here we provide the answers.
FAQs
Here you will find the most important questions and answers about the Money Laundering Act (GwG) and our obligations.
Why does the Money Laundering Act also affect real estate agents?
Because large sums of money are moved, the real estate industry is particularly vulnerable to money laundering.
Which data is checked?
These are usually identification documents (identity card or passport) and information about the beneficial owner.
Do I have to actively do something as a customer?
Yes, you must provide identification and the necessary documents – otherwise we cannot enter into a business relationship.
What happens to my data?
They will be treated confidentially, stored encrypted and used only within the framework of legal requirements.
Does the broker automatically report all transactions?
No – we are only obliged to report to the relevant authorities if we suspect money laundering.
With these answers, you'll know what the Money Laundering Act means for real estate transactions. If you have any further questions, we are available to answer them personally at any time. For us, the Money Laundering Act is not a bureaucratic obstacle, but rather an important contribution to transparency and security. So you can be assured that your real estate transaction is in reliable hands with casa4mia.
Trust in legal certainty and transparency – we are personally at your side with all questions regarding money laundering law.
