Product Description

This program discusses the new FinCEN Rule set to impact residential real estate transactions beginning on December 1, 2025. The new rule is expected to have a major impact on attorneys and settlement agents who handle residential real property transactions. The rule will require mandatory reporting to FinCEN (U.S. Treasury Financial Crimes Enforcement Network) of certain residential real estate transfers, when the transferee/grantee of the property is a legal entity or trust. The reporting will require collecting detailed beneficial ownership data of both the transferee/grantee as well as the grantor and submitting the collected data to FinCEN through their reporting portal. 

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Agenda & Materials

• 9:30am - 9:35am

  Welcome and Introduction

  Jutta R. Deeney, Esq., Stewart Title Guaranty Company , Waltham
  
• 9:35am - 9:50am

  Background and Regulatory Framework of FinCEN

  Jutta R. Deeney, Esq., Stewart Title Guaranty Company , Waltham
  John P. Crowley, Esq., Stewart Title Guaranty Company , Parsippany
  Ruth Dillingham, Esq., Dillingham Law LLC , Hyannis
  
• 9:50am - 10:05am

  Residential Real Estate Money Laundering Risks

  Panel
  
• 10:05am - 10:20am

  What the Rule Isn’t: The FinCEN GTO and Corporate Transparency Act

  Panel
  
• 10:20am - 10:35am

  Reportable Transactions Under the Rule

  Panel
  
• 10:35am - 10:50am

  Reporting Requirements Under the Rule

  Panel
  
• 10:50am - 11:05am

  Compliance Obligations and Penalties

  Panel
  
• 11:05am - 11:20am

  Compliance Challenges and Other Considerations

  Panel
  
• 11:20am - 11:30am

  "Ask the Experts" Q&A Session and Key Takeaways

  Panel
  

Please Note

MCLE webcasts are delivered completely online, underscoring their convenience and appeal. There are no published print materials. All written materials are available electronically only. They are posted 24 hours prior to the program and can be accessed, downloaded, or printed from your computer.

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