TITLE-1031-001Critical Risk
structuring
Red Flag
Title company fails to file a SAR for a transaction that meets the 31 CFR Part 1031 permanent rule criteria: all-cash or wire purchase by a legal entity where the beneficial owner is not a U.S. person.
Industry
Title & Escrow Companies
Transaction Type
other
Customer Type
business entity
Category
Regulatory Source
Document:31 CFR §1010.370
CFR Citation:31 CFR §1010.370
SAR Category:Suspicious activity
FinCEN Key Term:Part 1031 Non-Compliance
Last Verified:2026-04-15
This red flag is provided for informational and educational purposes only. It is not legal, regulatory, or compliance advice. Always consult the official source document and a qualified compliance professional for guidance specific to your situation.