The US Treasury Financial Crimes Enforcement Network (FinCEN) is changing how they track all cash, seller financed, and private lender transactions made between legal entities (LLCs) and Trusts.

Please check out the following brief information so that we can continue closing these types of transactions with no surprises and with the quickest turnaround possible.

Here’s what REALTORS® need to know:

  • Nationwide: Every U.S. market will follow the same reporting standards.
  • Non-financed transactions: Includes all-cash deals, seller financing, and private loans.
  • Legal entities and trusts: Buyers using LLCs or trusts must disclose beneficial ownership.
  • No price threshold: These rules apply to all transactions, regardless of value.

How to Stay Ahead?

This means some transactions will require extra steps. Here’s how you can prepare:

  • Start early: If your client plans to use a trust, LLC, or alternative financing, they’ll need to provide additional documentation.
  • Expect more paperwork: Transparency is key, so prepare buyers and sellers for added disclosures.
  • Work with your title team: A reliable title partner, like Liberty Title, can help you navigate these changes.

How Liberty Title Is Preparing?

We’re already taking steps to ensure we’re ready for FinCEN’s rule changes well before the March 1st start date.

Here’s what we’re doing:

  • Updating internal processes
  • Training our teams
  • Enhancing data security
  • Communicating with our REALTOR® partners

Our goal is to help you stay compliant, avoid surprises at closing, and keep transactions running smoothly.