Preventing money laundering in real estate transactions

Dear Client,

the Money Laundering Act (GwG) has been in force in Germany for some time. As real estate consultants, upon establishing contact we are obliged under the applicable law to gather certain information about our clients and their contractual partners for a money laundering check. Our clients and their contractual partners, in turn, are obliged by law to truthfully provide this information.

For this purpose, we ask your understanding that we must collect your personal data (name, address, date of birth, place of birth and nationality) before initiating a business relationship. We will do so with a copy of your ID card Link.

A commercial register excerpt is required for companies and legal persons Link.

We assure you that this information will be treated confidentially and used exclusively for the purpose of verifying legitimacy. We believe that it is also in your interest to work with service providers who comply with the applicable laws.
We appreciate your understanding and we hope for your support in complying with these legal requirements.

Your SMART-TEAM

You can find further information in the informative flyer by the IVD below:
IVD Geldwäschegesetz