Daily Archives: October 8, 2025

FinCEN’s New Real Estate Rules: What Buyers & Sellers Should Know

The U.S. Treasury’s Financial Crimes Enforcement Network (FinCEN) has rolled out new nationwide reporting rules for real estate transactions — and they could affect how some closings are handled. What’s Changing FinCEN now requires title companies and settlement agents to report details on all-cash real estate purchases, especially when the buyer is an entity (e.g.,…

Condo Corner: What Kind of Parking Space Is Being Sold with the Condominium Unit?

When someone buys a condominium, the parking space that comes with the unit might seem simple — but not all parking is the same! In most condos, parking spaces fall into two categories: deeded spaces and limited common element (LCE) spaces. Knowing which type is being sold makes a big difference in ownership rights, flexibility,…