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

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 new law can result in criminal penalties. It is also a crime for a person to “knowingly sell” property in violation of the law.



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