Penalties for Violations of the Law
What penalties are imposed on the seller for violating the law?
A seller commits a second-degree misdemeanor by knowingly selling affected land in violation of the law, and a first-degree misdemeanor if such land is knowingly sold to a China-aligned buyer.
What penalties are imposed on the buyer for violating the law?
A China-aligned buyer commits a third-degree felony for violating the law. All other foreign principals violating the law commit a second-degree misdemeanor.
Can land sold in violation of the law be subjected to a forfeiture action?
Yes. See secs. 692.202(6); 692.203(7) and 692.204(7), F.S.
Questions
Send us your questions and we will get back to you as soon as we can. Help us learn about the issues you are encountering in your practices, which in turn guides how we can best support you.
Email: foreigninterests@thefund.com