03/02/2026
📣 And just like that FinCEN is upon us 📣
The Rule applies to certain residential real estate sale transactions (including some that go
beyond the typical one-to-four family residence) where the transfer is to a legal entity or trust,
and which includes cash purchases, private financing or financing provided by an institution not subject to a federal Anti-Money Laundering or Suspicion Activity Report requirement.
As part of this Rule, buyers and sellers are required to provide additional information and
documentation about themselves, their legal entities, and/or the source of funds used in the
reportable transaction. The collection of this information and documentation is required to
comply with the Rule’s federal reporting requirements
Additional information regarding the FinCEN
Residential Reporting Rule can be found at https://www.fincen.gov/rre.
Yesterday, FinCEN issued an update regarding the residential real estate reporting rule originally scheduled to take effect on December 1, 2025.
“To reduce business burden and ensure effective regulation, the U.S. Department of the Treasury’s Financial Crimes Enforcement Network (FinCEN) today announced that it will postpone reporting requirements of the Anti-Money Laundering Regulations for Residential Real Estate Transfers Rule (RRE Rule) until March 1, 2026. FinCEN is taking this step to provide industry with more time to comply—consistent with the Administration’s agenda to reduce compliance burden—while still adequately protecting the U.S. financial system from money laundering, terrorist financing, and other serious illicit finance threats.”
📣 We will continue to monitor updates and share to help you stay informed and prepared.