02/27/2026
Important Update :
Effective March 1, 2026, we are required to comply with the new FinCEN Residential Real Estate Reporting Rule for certain residential transactions.rThe Financial crimes enforcement Network ( FinCEN ) is a bureau of the U.S Department of the Treasury, Its Legislative Mandate is to combat money laundering terrorist financing and other Financial crimes. It does this in part by Collecting, analyzing and disseminating financial intelligence to combat criminal practices A report is required when the property is residential (1–4 family, condo, etc.), there is no institutional lender involved (such as cash, private lending, seller financing, or miscellaneous deed drafts for zero consideration), the buyer is a legal entity (LLC, corporation, partnership, trust, etc.), and we are acting as the settlement/title agent.For files meeting these criteria and closing on or after March 1, 2026, a report must be filed within 30 calendar days of closing. The foregoing information (“Information”) is exclusively for informational purposes and does not constitute legal or other professional advice. Reputation First Title Agency does not necessarily endorse and is not responsible for the Information. Anyone reading the Information should not act or decline to act, based on the Information without first consulting an attorney or other appropriate professional. Reputation First Title Agency is not liable for the use or interpretation of the Information and expressly disclaims all liability for any actions readers takes or does not take, based on the Information or any inaccuracy thereof. The Reputation Title Agency is not associated with the author of said Information.