Restrictions on Foreign Purchases of Real Estate Under Florida's Conveyances to Foreign Entities Act | Practical Law

Restrictions on Foreign Purchases of Real Estate Under Florida's Conveyances to Foreign Entities Act | Practical Law

A Practice Note discussing Florida's Conveyances to Foreign Entities Act prohibiting certain foreign parties from purchasing or owning real property in Florida. This Note discusses how restrictions under the Act impact Florida real property purchase and sale transactions, exceptions to the restrictions, and foreign property owner registration requirements. It also provides important guidance for both purchasers and sellers of Florida real property to ensure compliance with the Act.

Restrictions on Foreign Purchases of Real Estate Under Florida's Conveyances to Foreign Entities Act

by Practical Law Real Estate
MaintainedFlorida
A Practice Note discussing Florida's Conveyances to Foreign Entities Act prohibiting certain foreign parties from purchasing or owning real property in Florida. This Note discusses how restrictions under the Act impact Florida real property purchase and sale transactions, exceptions to the restrictions, and foreign property owner registration requirements. It also provides important guidance for both purchasers and sellers of Florida real property to ensure compliance with the Act.