Nuts & Bolts of FinCEN Residential Real Estate Rule Requirements - 1 CLE - March 19

Nuts & Bolts of FinCEN Residential Real Estate Rule Requirements

– 1 CLE –

12:15 P.M. - 1:15 P.M.

Thursday, March 19

Live Webcast Only

Overview:

Effective March 1, 2026, the US Financial Crimes Enforcement Network (FinCEN) new law goes into effect that requires certain residential real estate transactions be reported to the federal government. Lawyers are subject to the reporting requirement.

We will include a WalkThrough the Flowcharts to Determine What Transactions are Reportable and Determining What Must Be Gathered Using FinCEN’s Fileable Form.

Topics:

Objectives & Background

- Purpose of CLE

- Why FinCEN’s RRER matters

- Case context: money-laundering examples

- Overview of rule impact on Indiana transactions

Using the Flowchart: Is the Transaction Reportable?

- Step 1: Residential transaction

- Steps 2–3: Non-financed? AML program?

- Step 4: Buyer type

- Step 5: Seller exemptions

- Step 6: Buyer exemptions

- Common Indiana scenarios

Documenting Exemptions: Certifications & Best Practices

- ALTA Buyer Certification overview

- Seller & Buyer exemption categories

- Methods for obtaining certifications

- Certification language & liability

- 5‑year storage rules

Completing the FinCEN RRER Form

- Part I – Reporting person

- Part II – Property information

- Part III – Buyer information

- Part IV – Seller information

- Part V – Payment information

- Dynamic form behavior & validation

- Common errors and fixes

Tools, Workflows & Pitfalls

- Information gathering methods

- Avoiding re‑keying and UPL concerns

- Reasonable‑reliance checklist

- Workflow integration tips

- Practical hypotheticals

- Indiana-specific attendee questions

- Key reminders & resources

Faculty:

Amanda L. Krenson

FNF Family of Companies, Underwriting Counsel, Indianapolis

Amanda Link Krenson is a licensed Indiana attorney with over 15 years of legal experience and currently serves as Underwriting Counsel for the Upper Midwest at Fidelity National Financial (FNF), the largest title insurance underwriter in the United States. In her role with FNF’s Upper Midwest Agency team, she provides expert underwriting guidance to agents across Minnesota, North Dakota and South Dakota. Her practice is grounded in a deep understanding of title insurance, real estate transactions, compliance, and risk evaluation, supported by years of advisory work in both national and regional markets. She has also been an active educator within the industry, speaking on emerging compliance requirements and contributing to professional development initiatives for attorneys and title professionals.

ICLEF • Indiana Continuing Legal Education Forum, Indianapolis, IN • Premier Indiana CLE