Conveyances to Foreign Entities

Part III, Chapter 692, Florida Statutes

SB 264 & What the Real Estate Professional Needs to Know


What Does the FL SB 264 Law Do?

Effective July 1, 2023, Florida law prohibits the purchase of certain types of Florida real estate by “foreign principals” from “foreign countries of concern.” Violation of the law can result in criminal penalties. It is also a crime for a person to “knowingly sell” property in violation of the law.

Questions

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Email: foreigninterests@thefund.com