Lisa and the Law

FinCEN’s Residential Real Estate (RRE) reporting rule – What is it?

Posted on March 24, 2026

As I mentioned in my March 3, 2026 blog post, the RRE is in effect. It is designed to help law enforcement investigate possible money laundering. The focus on RRE reporting is on non-financed transfers of residential real property. The idea being that if there is financing involved the financial institution will know the identity of all the actors and it is less likely that there will be any money laundering involved. The RRE is designed to be a nationwide Geographic Targeting Order (GTO) which are already in effect in designated locations. A GTO is used to combat money laundering by requiring the disclosure of beneficial owners in high-risk, often all-cash, transactions.

next post >

The information provided in this website is meant only as a general description of the current laws as of the date of the writing. It is not meant to be an exhaustive discussion of all the nuances of the law and is intended to be only an overview. Many issues may appear simpler than they are, and an individual should always contact an attorney to obtain a complete, accurate interpretation of the law given the individual's particular circumstances. Thompson Law Group, P.C. makes no representations as to how the law would affect a particular situation and intends only to illustrate areas of concern and give general information.

Published: March 24, 2026 , Last Updated: March 3, 2026