Residential Real Estate Rule 2026: FinCEN Reporting Requirements for Non-Financed Property Transfers
Michael Smeenk
February 25, 2026
Starting March 1, 2026, the Residential Real Estate Rule requires reporting of certain non-financed transfers of residential property to entities and trusts to the Financial Crimes Enforcement Network (FinCEN). Real estate professionals—including closing agents and attorneys—may now have federal reporting obligations. This article explains what transactions are covered, who qualifies as a reporting person, what beneficial ownership information must be collected, and when reports must be filed.