Real Estate Professionals Take Note: New Reporting Obligations for Certain Residential Real Estate Transfers Begin March 1, 2026
Real Estate Professionals Take Note: New Reporting Obligations for Certain Residential Real Estate Transfers Begin March 1, 2026
Beginning March 1, 2026, detailed reporting will be required for certain transfers of U.S. residential real property under the “Anti-Money Laundering Regulations for Residential Real Estate Transfers” (the “Reporting Rule”) issued by the Financial Crimes Enforcement Network (“FinCEN”) to deter and combat money laundering in the U.S. real estate market.... By: Tucker Arensberg, P.C.