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Tallahassee B O A R D O F R E A LT O R S Affiliate A P P L I C A T I O N PROGRAM What is an Affiliate Member? An Affiliate Member of the Board of REALTORS is. . . A real estate owner or an individual
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BOAR stands for Beneficial Ownership Annual Report.
Corporations, limited liability companies, and other entities with beneficial owners are required to file BOAR.
BOAR can be filled out electronically through the Financial Crimes Enforcement Network (FinCEN) website.
The purpose of BOAR is to disclose information about the beneficial owners of a business to help prevent money laundering and terrorist financing.
Information such as the full legal name, date of birth, address, and social security number of each beneficial owner must be reported on BOAR.
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