25 Feb New FinCen Reporting Requirements
Effective March 1, 2026, FinCEN will require new national reporting for certain residential real estate transactions involving LLCs and trusts. These rules are designed to increase transparency and apply only to specific types of transactions. Town Title understands when reporting is required, who must report, and what information is needed—and we are prepared to handle these filings efficiently. We will be utilizing ClosingLock to securely collect the necessary private information when applicable, ensuring compliance while protecting client...