What is FinCEN and What Do I Need to Provide?
Starting March 1, 2026, federal law requires certain real estate transactions to be reported to FinCEN (Financial Crimes Enforcement Network) to prevent fraud and money laundering.

If a residential property is purchased by an LLC, corporation, or trust and not financed by a traditional bank loan, the buyer must provide information about the real people who own or control that entity.

This means buyers may be required to provide:

• Full name and identification of the beneficial owners
• Entity or trust ownership details
• Property and transaction information
• This information is reported securely to FinCEN and is not public record.

Why is this required?
The government requires this information to ensure transparency and protect the real estate market from illegal activity.

How does PRONTO TITLES help?
PRONTO TITLES will guide you through this process and let you know exactly what documents and information are required. To close your transaction, buyers must cooperate and provide the requested information so we can comply with federal law.

Simple Summary
If you are buying property through an LLC or trust without a bank loan, you will need to provide ownership information to comply with FinCEN rules. PRONTO TITLES will handle the reporting — you just need to provide the required information.

For more details or questions, please contact PRONTO TITLES.