Since January 2016, the Financial Crimes Enforcement Network (FinCEN), required title companies to collect and report beneficial ownership information on certain real estate transactions. These Geographic Targeting Orders apply to all title insurers, their subsidiaries and agents of (“Covered Business”).
- Read FinCEN’s Advisory
- Read ALTA’s background article & statement
- Read the current Geographic Targeting Order
Resources
- Real Estate Geographic Targeting Orders Fact Sheet
- Information Collection Form
- Handout to Educate Real Estate Agents
Webinars
- FinCEN Geographic Targeting Order August Webinar Presentation (PDF)
- Recorded Webinar for California (August 2016)
- Recorded Webinar for Texas (August 2016)
- Recorded Webinar for Manhattan, N.Y. (February 2016)
- Recorded Webinar for Miami-Dade County, Fla. (February 2016)