02/23/2026
📢 Important Update: FINCEN’s New Residential Real Estate Reporting Rule
The Financial Crimes Enforcement Network (FINCEN) has issued a new Residential Real Estate Reporting Rule that will significantly impact certain real estate transactions nationwide — including here in Georgia.
This rule is designed to enhance transparency in residential real estate transfers and combat illicit financial activity by requiring reporting for certain qualifying transactions. Depending on the structure of the transaction, reporting obligations will apply beginning March 1, 2026, where they previously did not.
As a real estate closing firm, we are closely monitoring this new obligation and preparing to assist our clients, agents, lenders, and investors in navigating these new compliance requirements.
To help break this down, we’ve attached a flow chart that outlines which types of transactions will be subject to the new rule. We encourage you to review it carefully to determine how it may apply to your clients and any upcoming closings.
If you have questions about how this rule could impact your transactions, please don’t hesitate to contact our office. We are here to help ensure your closings remain smooth, compliant, and on schedule.