# List of Reference Cases of Suspicious Transaction report in selling and buying real estate (The Real Estate Transaction Business Operator)

## (General attention)

Listed bellows are examples of transaction to which the real estate transaction business operators, when fulfilling the obligation for reporting of suspicious transaction as specified by Paragraph 1, Article 9 of "Act on Prevention of Transfer of Criminal Proceeds", should pay special attention as a case that may constitute a suspicious transaction.

The real estate transaction business operators shall take into account all specific information that it retains on the said transaction, including the customer attributes and circumstances at the time of the said transaction, and thereby judge whether or not respective specific transactions are suspicious transaction.

Therefore, it should be noted that although these example cases serve as a reference when the real estate transaction business operators find or detect suspicious transactions in day-to-day transactions, all transactions which formalistically conform to any of those cases do not necessarily constitute a suspicious transaction (ex; When there are rational reasons) and transactions which do not conform to these cases but are regarded as a suspicious transaction by the real estate transaction business operators shall be subject to requirement for the reporting of suspicious transactions.

## Section 1

The cases notable in relation to the manner of cash usage

1 The case of purchasing real estate (Especially, the case of purchasing the expensive item doesn't meet customer's income and property) with a large amount of cash

2 The case which is conducted within a short period of time with a large amount of cash of selling and purchasing of plural real estates, though each transaction conducted with a short amount of payment.

## Section 2

The notable in relation to the possibility of the real contractors being concealed

3 The case which raises the suspicious settlements with fictitious name or borrowed name of selling and purchasing of contract

4 The case of the customer rejects to write his/her name on the related documents of transaction

5 The case conducted with using different names for the application form, explanation documents related to important matters and contract documents of selling and purchasing

6 The case which nominee cooperation of contract of selling and purchasing is suspected of being a "paper company"

7 The case the customer wants the documents to be sent to different address of the customer's address

## Section 3

Cases notable in relation to the unnaturalness of transaction

8 The case sole person who conducts selling and purchasing many times in a short period of time

9 The case, after the purchasing real estate, conducting selling the said lots or buildings in a short period of time

10 The case to be conducting unnatural transaction in the light of the economic rationalities (for example, the case not hesitating to sell at far more below market price to hasten to sell)

11 The case client shows the little concern about the place, condition and mending fee expected, etc., though purchasing plural items in a short period of time

12 The case which has no rational reason to purchasing and selling real estate, in the light of the value of transaction and place of item and the condition of business operator the customer running

## Section 4

Cases notable in relation to the circumstances after the contract signing

13 The case, without rational reason, conducting an application of postponing of the due date of settlement

14 The case customer (After the contracting the selling and purchasing items) suddenly apply to change the contract to purchasing a expensive real estate items

Section 5

Other cases

15 Cases where a civil servant or a company employee conducts a transaction with an excessively high value relative to his/her