You’ve received a secure compliance request from the Title agent or Settlement office regarding your upcoming property closing. This is a standard step in completing your real estate transaction and helps ensure compliance with federal FinCEN reporting requirements. If you are not sure why you are receiving this or why you need to complete it, please review additional seller resources at: https://fincenrealestatereport.com/fincen-for-sellers/
Why Am I Being Asked to Complete a FinCEN Real Estate Report?
Federal law requires a FinCEN Real Estate Report for certain all-cash purchases of residential property. You must complete this report if you are selling property to a company (entity) or trust and the buyer is not using a mortgage or loan (all-cash purchase). There is no minimum purchase amount this rule applies regardless of the price of the property. This report is issued by the U.S. Department of the Treasury to help prevent money laundering and financial crimes by increasing transparency in real estate transactions.
Official government resources are available for reference at:
View FinCEN’s FAQs Here:
https://www.fincen.gov/rre-faqs
What Happens If I Miss the Deadline or Don’t File The Report?
The report must be submitted in order for the closing to move forward. If the required information is not provided, the closing may be delayed because the title company or settlement agent cannot finalize the documents until the report is complete. To avoid any delays, it is essential that you complete the request as soon as possible.
What You Need to Do
Click the secure link provided in your email. The link is encrypted to protect your privacy and information. Enter the required seller details. The form typically takes about 5 minutes to complete. After reviewing your entries, certify that the information you provide is accurate.
This guide will walk you through how to complete the Seller Details (Transferor Information) section within the FinCEN Real Estate Report portal to ensure your report meets all federal compliance requirements.
Confirm Seller Type
Before entering any information, confirm that you, as the seller, are either an individual, a legal entity, or a trust (for example, an LLC, corporation, or family trust).
Enter Seller Details
- Upload Your ID
Please upload a photo of your government issued ID. Once uploaded, the system will automatically extract and fill in the most, if not all, required fields for you. Always double-check every field for accuracy.
Your file must be a JPEG or PNG image, less than 5MB
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Entering Seller Information
If the Seller is an Individual:
- First Name / Last Name: Enter your legal name as it appears on your ID.
- Date of Birth: Use the format MM-DD-YYYY.
- Country / Jurisdiction: Select the country where your ID was issued.
- Seller Address: Provide residential address (street, city, state, and zip). P.O. boxes are not accepted.
- Tax Identification Number: A unique ID number from an acceptable government issued identification document, such as a driver’s license or passport.
If the Seller is an Entity:
- Full Legal Business Name: Enter the entity’s official legal name as it appears in formation or registration documents.
- DBA (Doing Business As) Name (if applicable): If the business operates under a trade name, include the DBA name.
- Transferor Address Type: Select the type of location where the entity conducts business.
- Country / Jurisdiction: Select the country where the entity is legally registered or formed.
- Seller Entity Address: Enter primary business address (street, city, state, and zip). P.O. boxes are not accepted
- Tax Identification Number: Provide the entity’s Tax Identification Number, typically an EIN.
If the Seller is a Trust:
- Transferor Full Legal Name: Enter your legal name as it appears on your ID.
- Tax Identification Number: A unique ID number from an acceptable government issued identification document, such as a driver’s license or passport.
- Trust Executed Date for Transferor: Include the date the trust was originally signed (established).
When You’re Done
After you’ve entered all your seller details, click Next to continue to the next section of your FinCEN Real Estate Report.
Accepting The Terms and Conditions
Before completing your FinCEN real estate report, you will be asked to acknowledge and accept the Terms and Conditions. This step is required to authorize the use of your information for federal reporting. You will be prompted to read the Terms and Conditions, which explain your responsibilities and why the report is necessary. After reviewing, enter your full legal name into the signature field. This entry serves as your electronic signature. Please note, your terms and conditions may slightly vary from the example shown below. Next, you will need to check the box or click “I accept the Terms and Conditions” to confirm your agreement.
Why This Is Required
By signing, you confirm that the information provided is true to the best of your knowledge and that the reporting agent may submit it to FinCEN. This protects both you and the reporting agent from penalties and ensures your transaction stays compliant with FinCEN Real Estate Reporting.
For more details, you may visit: https://www.fincen.gov/rre
When finished, click “Complete.”
How Do I Know I Am Done With My FinCEN Real Estate Report?
After you click complete in the screenshot above, you will be redirected to the following page:
When you select “Complete,” wait until you see the confirmation message. If you close the page before that, your submission may not go through.
If you need to edit your submission later, use the original link that was emailed to you.
Contacting Support When Chat Isn’t Available
If live chat is offline, you’ll see a note saying chat support isn’t available right now. You can still reach us by sending a support ticket.
To do this, click the Support button in the bottom-left corner of your dashboard. Type a short description of the issue, confirm your email or phone number so we know how to reach you, and choose whether you want a reply by email or phone.
Once you submit the ticket, our team will review it and get back to you during business hours.
