fincen's residential real estate rule: An update on what ny title providers need to know

Presented by:

matthew c. cahill, vp / corporate underwriting counsel, first american title insurance company 

vincent g. danzi, vp of operations / underwriting counsel, the security title guarantee corporation of baltimore

The FinCEN Residential Real Estate Rule (the “Rule”) will go into effect on March 1, 2026.  The Rule will require the reporting of extensive information concerning the transferors and transferees of residential real estate in most transactions involving purchasers which are entities or trusts when the transfer is not financed by an institutional lender with an anti-money laundering policy.

Reporting under the Rule is expected to fall predominantly on title insurance companies and agents and whether reporting is required or not, the Rule will practically require title providers to establish and maintain sensitive information about the natural persons involved in these transactions.  Although the Rule is federal, compliance with the Rule will nevertheless implicate important subjects of New York law and regulation.  This seminar will also provide key updates that have developed over the past 4 months including the Real Estate Report Form.

A professional continuing education program approved by the NY State DFS.

NYSLTA approval number NYPO - 102959    

Upon completion of this webinar, licensed title agents & attorneys may receive 1 CE/CLE "Areas of Professional Practice" credit.

Continuing Legal Education (CLE) for Attorneys

The NYSLTA is an accredited provider of continuing legal education in New York State. We offer CLE classes with special attention to title insurance issues. As required by the CLE Board, we offer scholarships to attorneys who cannot afford the CLE tuition.  Please contact the Association at 212-964-3701 for more details. 

Note - This course is for experienced attorneys ONLY (nontransitional).

This course has been sponsored by