The New Residential Real Estate Reporting Rule
Starting March 1, 2026, the Residential Real Estate Reporting Rule (the Rule) of the Financial Crimes Enforcement Network of the U.S. Treasury (FinCEN) will require certain parties to report detailed information regarding a “non-financed transfer” of residential real property to a legal entity or trust. This Rule will replace the Geographic Targeting Orders (GTO) and remove both the geographic limits and dollar thresholds that triggered those reporting mandates. Another big change – Closing/Settlement agents will have primary responsibility to report these transactions.
Visit the FinCEN in Focus page on the CATIC website for additional information and resources.
