24 Hour Closing Anti-Money Laundering Information Collection & Certification Form - SELLERS
Pursuant to FinCEN Real Estate Report Rule 31 CFR 1031.320
BACKGROUND
This is a new, federal law effective March 1, 2026. We admit it's crazy and hate it as much as you do. But it's up to a $250,000 fine if closing attorneys do not demand that you fill this form out. It is not optional.
If the Buyer is an LLC or entity, this form becomes mandatory and cannot be avoided by Seller. Nothing Seller (you) can do will avoid this form.
Your closing has been determined to be a type of closing where this information is required by the federal government prior to closing. Up to a $250,000 fine may be levied against the lawyer doing the closing if this information is not collected in advance of closing. The government says that this law was created to stop money laundering from criminals and child trafficking, but appears that this law was actually created to help the IRS track you and your bank accounts and income/assets. This form requests information necessary to meet the reporting requirements. For more information about FinCEN's Real Estate Report and what transactions are covered go to alta.org/fincen.
Doing a deed from your LLC to your person won't avoid this. There is no way to avoid this.
If you need help
Do not call the paralegal. We have created a dedicated email that 4 attomeys respond to, quickly. Email your question to FinCEN@24hourclose.com The more information you can provide: the better. If you prefer to enter this data in an online form that is emailed directly to paralegal, use this website:
number address and street name
city, state, zip
Anticipated settlement date for the Property acquisition
Sale Price
Settlement Agent: Pinyan Law Office PLLC dba 24 Hour Closing
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CERTIFICATION
I hereby certify, to the best of my knowledge, that the information provided in this document is complete and correct. I acknowledge that the settlement agent or other reporting person will rely upon the information provided on this form to (a) determine whether the transaction is reportable and (b)submit the required report to the U.S. Department of Treasury's Financial Crimes Enforcement Network (FinCEN). I agree to indemnify, defend and hold harmless the settlement agent or other reporting person against any and all losses, liabilities, damages, claims, fines, causes of action related to the reporting of information contained in this form to FinCEN under this regulation.
Signature:
*
(the signature of who is filling out this form)
Type Name:
*
Date:
*
-
Month
-
Day
Year
Date
Legal Entity Identifier
Tax EIN
(Optional - provide if you have it but not required)
This is a 20 digit number that some companies use to identify itself in the global market. Not common
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Anti-Money Laundering Information Collection & Certification Form - SELLERS
Pursuant to FinCEN Real Estate Report Rule 31 CFR 1031.320
Part 1: INFORMATION ABOUT THE PERSON COMPLETING THIS FORM
1 Full Legal Name (First, M.I., Last)
*
First Name
Last Name
2 Physical Mailing Address - Street Address, City, State ZIP PO BOX is not allowed. This is your forwarding address
*
Street Address
Street Address Line 2
City
State / Province
Postal / Zip Code
3 Phone Number
*
4 Email
*
example@example.com
5 Relationship to the Seller/Transferor
Individual Seller
Accountant
Attorney
Real Estate Agent
Other
If Seller is a Trust or Entity- Relationship to the Transferor Entity or Trust
Owner/LLC Member
Corporate Officer/LLC Manager
Accountant
Attorney
Real Estate Agent
Trustee
Beneficiary
Accountant
Attorney
Real Estate Agent
Other
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Part 2: Reporting Exemptions
If an exemption applies, complete this page and sign the certification in part 4. If none, skip to part 3. Ideally, your paralegal would tell you if an exemption applies before sending you this form. If you have questions, please email (do not call) the following email address: fincen@24hourclose.com This email goes to 4 different attorneys, who will respond quickly. If you are uncertain how to fill something out, please try to fill out to best of your ability or leave blank and an attorney will respond quickly. It is better to submit something than nothing.
1 Does an EXEMPTION from FinCEN reporting apply?
*
No
Yes a transactional exemption (must complete box 2 below)
2 Which of the following TRANSACTIONAL exemptions is the reason you are selling the property? (see 31 CFR 1031.320(b)(2))
Death of an individual including transfer pursuant to the terms of a will trust
Divorce or dissolution of a marriage or civil union
Transfer to a bankruptcy estate
Court order or supervised by a court
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Anti-Money Laundering Information Collection & Certification Form -
SELLERS Pursuant to FinCEN Real Estate Report Rule 31 CFR 1031.320
Part 3(a) -TRANSFEROR - Individual Information (information of person filling out this form on behalf of entity)(After filling out this part, skip to Part 3(b) if the transferor is an entity or Part 3(c) if transferor is a trust)
1 Full Legal Name (First, MI, Last)
2 Date of Birth
-
Month
-
Day
Year
Date
3 Residential Street Address after settlement (do not list a P.O. Box)
Street Address
Street Address Line 2
City
State / Province
Postal / Zip Code
must include city/state/zip- full physical address that can receive mail
4 Unique ID: For U.S. Persons: Taxpayer ID Number (commonly Social Security Number) For Non-U.S. Persons: Unique ID, Passport Number and Country of Issuanceᅃ
EIN Number
Seller is an
*
Entity (LLC or Corporation)
Trust
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Part 3(b) -TRANSFEROR ENTITY INFORMATION (this is for LLCs, Corporations)
1 Full Legal Name of Entity
2 Trade name or "doing business as" name (if none, write N/A)
3 Street Address for Principal Place of Business (do not list a P.O. Box)
Street Address
Street Address Line 2
City
State / Province
Postal / Zip Code
4 Unique ID: For U.S. entities: Taxpayer ID Number For Non-U.S. Entities: Foreign Tax ID number or entity registration and name of the jurisdiction
In lieu of a passport number, Non-U.S. Persons may also provide a Social Security Number, an alien identification card number, or number and country of issuance of any other government-issued document evidencing nationality or residence and bearing a photograph or similar safeguard.
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Anti-Money Laundering Information Collection & Certification Form -
SELLERS Pursuant to FinCEN Real Estate Report Rule 31 CFR 1031.320
Part 3(c)-TRANSFEROR TRUST INFORMATION
Full Legal Name of Trust (as listed on trust instrument)
Date Trust instrument was executed (this is commonly the date on the trust document)
Unique ID: For US trusts, IRS TIN For foreign trusts, a tax identification number issued by a foreign jurisdiction and the name of such jurisdiction
TRANSFEROR TRUST - Trustee Information
List each individual or entity who is a trustee of the transferor trust
TRANSFEROR TRUST - Trustee Information List each individual or entity who is a trustee of the transferor trust
Full Legal Name (for trustees who are legal entities, include Trade/Doing Business Name)
Address - residential street address for individuals; Principal place of business for legal entities (must be a US address)
For U.S. Persons: IRS TIN (usually Social Security Number) For Non-U.S. Persons: Unique ID, Passport Number and Country of Issuance b
1
2
3
4
5
b
In lieu of a passport number, Non-U.S. Persons may also provide a Social Security Number, an alien identification card number, or number and country of issuance of any other government-issued document evidencing nationality or residence and bearing a photograph or similar safeguard.
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