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Who or What is a “Foreign Principal”?
SB 264 & What the Real Estate Professional Needs to Know
SB 264 & What the Real Estate Professional Needs to Know (PDF)
Who or What is a “Foreign Principal”?
- A person domiciled (i.e., whose permanent residence) in a foreign country of concern and not a U.S. citizen or lawful permanent resident of the U.S.
- A company having its principal place of business organized under the laws of a foreign country of concern or having its principal place of business in a foreign country of concern.
- The government or any official of the government of a foreign country of concern.
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Email: foreigninterests@thefund.com