03/24/2026
There have been several recent changes related to FinCEN’s Anti-Money Laundering Regulations for Residential Real Estate Transfers Rule (RRE).
• On March 19, 2026, the U.S. District Court for the Eastern District of Texas issued a decision in Flowers Title Companies, LLC v. Bessent, vacating the RRE.
• The Court held that FinCEN lacked statutory authority under the Bank Secrecy Act to impose the RRE and ordered it vacated.
• FinCEN may challenge this decision in the courts and seek to have the RRE reinstated.
• On March 20, 2026, FinCEN issued this statement: “In light of a federal court decision, reporting persons are not currently required to file real estate reports with FinCEN and are not subject to liability if they fail to do so while the order remains in force.”
At this time Vista Land Services will pause all RRE-related activities, such as collecting and reviewing information from customers, charging related fees, and preparing or submitting reports to FinCEN, until further notice.
Any information obtained or fees previously collected will be held pending future developments with the RRE.
Vista Land Services
143 Main Street
Huntington, NY 11743
Ph: 631-549-8200
Fx: 631-549-8299
