Earlier this month, a rule from the U.S. Treasury’s Financial Crimes Enforcement Network (FinCEN) went into effect. The rule was designed to increase transparency around certain residential real estate purchases, particularly cash transactions involving entities or trusts.
However, on March 19, 2026, a Federal District Court ruling in Texas vacated the rule nationwide, finding that FinCEN had exceeded its authority. As a result, the reporting requirements tied to this rule are currently paused, and real estate professionals are not required to submit these reports at this time. Read more at FinCEN.gov.
What This Means Right Now
For buyers, sellers, and agents, there is no immediate change to the closing process. Transactions are continuing as usual, without additional federal reporting requirements tied to this rule.
That said, this situation is still evolving. Appeals or further legal action could reinstate or reshape the rule, meaning requirements could change again in the future.
Our Approach at Venture
While the rule is vacated, we have paused FinCEN reporting and the collection of related information. We are continuing to monitor the situation and will provide updates as needed.
We remain prepared to adapt quickly if anything changes. Our focus remains the same—providing a closing experience that is simple, predictable, and personal, no matter the regulatory environment.
If you have questions about how this may impact a specific transaction, our team is always here to help.
