Hank Lerner is the chief legal officer for PAR. He manages the law and policy functions of the association, including oversight of the Standard Forms and Professional Standards programs and the PAR Legal Hotline, and addresses all sorts of various legal/regulatory/compliance issues for the association. He is a frequent speaker on legal, ethical and risk reduction issues around the state and beyond, and has served on several NAR committees and in other roles.
Hank earned his bachelor’s degree from the University of Pittsburgh and his law degree from William and Mary Law School. He has been admitted to the bar since 1994, and has been with PAR in a variety of positions since 2000.
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What Is “As-Is”?
- March 13, 2026
- 7 min. read
Let’s look at some of the ways “as-is” can create problems instead of solutions, and techniques you might use to minimize those potential problems.
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How FinCEN’s New Reporting Requirement May Impact Some Commercial Transactions
- March 3, 2026
- 2 min. read
As of March 1, 2026, information about certain types of “residential real estate property” transfers must be reported to FinCEN under the Residential Real Estate Rule. But despite the name, a slice of commercial and development transactions may also be subject to those reporting rules.
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New FinCEN Reporting Requirement Begins March 1, 2026
- February 19, 2026
- 6 min. read
Starting on March 1, 2026, certain professionals involved in real estate closings and settlements will be required to submit reports to the federal Financial Crimes Enforcement Network (FinCEN) regarding certain non-financed transfers of residential real estate to legal entities or trusts under a process known as the Residential Real Estate Rule.