Conveyances to Foreign Entities
Part III, Chapter 692, Florida Statutes

Penalties for Violations of the Law

What penalties are imposed on the seller for violating the new 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 new 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.

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Email: foreigninterests@thefund.com