Residential Real Estate Reporting: What Real Estate Professionals Need to Know

Pursuant to the Anti-Money Laundering Regulations for Residential Real Estate Transfer Rule, certain professionals involved in real estate closings and settlements, including attorneys, will soon be required to submit a Real Estate Report to the Financial Crimes Enforcement Network (FinCEN) regarding certain non-financed transfers of residential real estate to legal entities or trusts, unless the transfer is otherwise exempt from reporting. Information required to be reported includes numerous details about the parties to the transfer and the property itself.

The start date for reporting transactions under the new rule, which originally had been set for Dec. 1, 2025, was recently extended to March 1, 2026.

The U.S. Department of the Treasury has long raised concerns about the illicit finance risk posed by abuse of the U.S. real estate market. Please join Holland & Knight as our attorneys provide an overview of the new FinCEN reporting rule, as well as best practices for compliance.

Topics Include:

• What is a Real Estate Report?
• What property constitutes residential real property?
• When is there a transfer of residential real property to a transferee entity or transferee trust?
• Which entities constitute a transferee entity and transferee trust?
• What types of transfers constitute a non-financed transfer?
• What types of transfers are exempt from reporting?
• How does one identify a "reporting person" through a reporting cascade or a designation agreement?
• What information is reported?
• How does a Reporting Person identify the beneficial owners of a transferee entity or a transferee trust?
• When is the Real Estate Report due?
• Key developments and what's next?

We hope you can join us for this highly informative 90-minute presentation that will include a Q&A session.

Speakers:

Alan Winston Granwell | Of Counsel, Washington, D.C.
Jonathan N. Halpern | Partner, New York
Stuart M. Saft | Partner, New York and West Palm Beach
Michael C. Titens | Partner, Dallas

Continuing Legal Education (CLE):

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