Foothills Title,
Your leader in FinCEN Compliance & Knowledge
With new federal reporting requirements under FinCEN taking effect, navigating compliance can feel complex. We simplify the process. Our experienced team guides clients through every step, ensuring required information is collected properly, protected securely, and reported accurately, without disrupting your transaction.
Understanding the FinCEN Residential Real Estate Reporting Rule
Effective March 1, 2026, the U.S. Department of the Treasury, through the Financial Crimes Enforcement Network (FinCEN), implemented new reporting requirements for certain residential real estate transactions.
The purpose of this rule is to increase transparency in non-financed real estate purchases involving legal entities, trusts, and similar structures.
Under this federal regulation, settlement agents like Foothills Title may be required to:
Determine whether a transaction qualifies as reportable
Collect specific information about legal entities and beneficial owners
Submit a report directly to FinCEN within the required timeframe
What Types of Transactions Are Affected?
Generally, the rule applies to:
Certain all-cash residential purchases
Transactions involving LLCs, corporations, partnerships, or trusts
Purchases where no Anti-Money Laundering (AML) regulated lender is involved
Not all cash transactions are reportable. Each file is reviewed individually based on federal guidelines.
How Foothills Title Protects You
At Foothills Title, compliance is handled internally by trained professionals using secure systems and structured processes. If your transaction requires reporting:
You will receive clear communication
Information will be collected securely
Filing will be handled on your behalf
Your closing timeline will be protected when information is provided promptly
This is a nationwide federal requirement, and we are fully prepared.