This particular authorization only applies in the limited circumstances of inheritances and selling property acquired prior to becoming a U.S. Authorized transactions include, but are not limited to, engaging the services of any persons in Iran necessary for the sale, such as an attorney, funds agent, and/or real estate broker.”
person, or inherited from persons in Iran. persons are authorized to engage in transactions necessary and ordinarily incident to the sale of real property in Iran and to transfer the proceeds to the United States, provided that such real property was either acquired before the individual became a U.S. Specifically, section 560.543 of the Iranian Transactions and Sanctions Regulations states that: OFAC has also authorized certain activities related to inheritances and the sale of real property located in Iran. Inheritances and the Sale of Property in Iran Specific Licenses for the Exportation of Aircraft Parts to Iran.Authorized Exportation of Certain Computers, Mobile Devices, and Other Devices.Funds and Wire Transfers between the United States and Iran.Inheritances and the Sale of Property in Iran.Authorized Commercial Sales of Medicine and Medical Devices to Iran (TSRA).Authorized Commercial Sales and (Re)Exportation of Food to Iran (TSRA).OFAC Prohibited Transactions, Facilitation, and Investment.OFAC’s Legal Authorities and Regulations.Below is information about OFAC’s Iran sanctions program, specifically regarding specific licenses, inheritances, the sale of property, funds and wire transfers, exportation of certain technology.