What should a broker do if the buyer plans to pay with a large cash down payment?

When a buyer plans to make a large cash down payment, it is important for the broker to guide them appropriately. Referring them to review Annex F F2.1 is the best choice because this annex often contains relevant information that outlines the necessary procedures and considerations regarding large transactions, particularly related to anti-money laundering regulations and the importance of proving the source of funds.

This ensures the buyer is aware of compliance requirements and the documentation needed to justify the cash down payment. It promotes transparency in the transaction and protects both the buyer and the broker from regulatory scrutiny or potential legal consequences. Providing this resource equips the buyer with critical information to facilitate a smooth transaction process.