|
- Updates on SB 264 – Florida Law Restricting Persons From Foreign . . .
On January 4, 2024, Commerce adopted Rule 73C-60, Florida Administrative Code, implementing section 692 203, Fla Stat , which applies to the purchase of certain real property on or around military installations or critical infrastructure facilities by certain foreign principals, and not to the law applicable to agricultural land or to the
- Chapter 692 Section 203 - 2024 Florida Statutes - The Florida Senate
2024 Florida Statutes (Including 2025C) Title XL REAL AND PERSONAL PROPERTY Chapter 692 CONVEYANCES BY OR TO PARTICULAR ENTITIES Entire Chapter SECTION 203 Purchase of real property on or around military installations or critical infrastructure facilities by foreign principals prohibited
- Floridas Senate Bill 264: Foreign Ownership Restrictions in Real
The prohibitions on the acquisition of agricultural land by foreign principals, property near military installations or critical infrastructure by foreign principals, and real estate by foreign
- Florida Statute on Foreign Principals Owning Property
Lastly, all buyers of real property that is within 10 miles of a military installation or critical infrastructure facility must submit an affidavit stating that they are not a Foreign Principal prohibited form obtaining the property, and that they are in compliance with the requirements of this law
- Updates on Florida Law Restricting Foreign Ownership of Real Property . . .
On September 20, 2023, however, the Florida Department of Commerce (“DOC”) finally published proposed rules relating to the purchase of real property on or around military installations or critical infrastructure facilities
- SB264 - New Florida Law Prohibits “Foreign . . . - Battaglia Law, PLLC
A new law in Florida will prohibit “foreign principals” from purchasing agricultural land or certain real property in the state The new law, Senate Bill 264, was signed into law on May 8, 2023…
- What Florida’s SB 264 Means for Foreign Ownership of Real Property
The property registration requirements include an affidavit stating that the buyer is not a foreign principal and is otherwise in compliance with SB 264 While the world awaits the Florida Real Estate Commission’s regulations and safe harbor language, there are proposed forms from the Florida Land Title Association that have been submitted
- Rulemaking Begins to Interpret Florida Law Limiting Persons from . . .
Florida Department of Commerce (DOC) regulations exclude leases and passive ownership interests of persons from "foreign countries of concern" as forbidden interests in Florida real property near military installations and critical infrastructure facilities Proposed regulations by the Florida Department of Agriculture and Consumer Services (DACS) do not match the DOC regulation as related to
|
|
|