MARK KOHLERMain Street Professionals, Main Street Professionals, Main Street Professionals, Main Street Professionals, Main Street Professionals, LLC · Owner at Main Street Professionals, LLC

The New Real Estate Report That Reveals Who Actually Owns Property

9 Mar 2026 · 1 min

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1:10

In this explanatory segment, Mark Kohler walks viewers through a newly mandated real‑estate reporting form that aims to increase transparency about property ownership. He breaks the form into four sections: (1) the filing party – who submits the report and their contact details, often a title company, law firm, or closing agent; (2) property details – the address and legal description of the real estate; (3) transferee information – the ultimate beneficial owner, including name, address, Social Security number, and, for LLCs, the identity of the controlling person; and (4) the transferor – the seller or party transferring the property, with their identifying information. Kohler highlights the privacy controversy, noting that the requirement forces disclosure of individuals who might otherwise hide ownership behind entities, sparking concern among owners and professionals.

Chapters

Well, what is in this report? There's really 4 sections to it. The first section is who is filing the report. Now, if you're working with a title company, a law firm, or some sort of closing agent, they have to list their information. The person filing the report, it could be you, has to disclose their contact information in Section 1. Section 2 is all about the property. It includes the address and the legal description. Number 3 is the transferee information. Where is this property going? Who is going to be the beneficial owner at the end of the day? At the end of the day, who's that individual, their name, address, and Social Security number. And a lot of people are upset about this lack of privacy. They're having to disclose entirely who's going to own this property at the end of the day. And that would include who's the owner of the LLC, for example, 'cause they want to know if I'm going to hide my ownership in this property in an LLC, they want to know who the real owner or control person is of that LLC. The fourth section is who's the transferor? And that could be the seller. It could be you just transferring your property own LLC. And so that piece is going to also be there with their name and information and social.