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Foreign Entities Real Estate Transactions New Legislation

Winstead PC

Texas Legislature Takes New Steps to Limit Foreign Ownership of Real Property

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Senate Bill No. 17 becomes law on September 1, 2025. On June 20, 2025, Governor Abbott signed Senate Bill No. 17 to prohibit the purchase or acquisition of interests in real property by individuals domiciled in and...more

Steptoe & Johnson PLLC

Oklahoma Limits Foreign Property Ownership, Requires Affidavit of Compliance for Deeds

Steptoe & Johnson PLLC on

On November 1, 2023, a statutory amendment went into effect in Oklahoma which requires an affidavit be completed and attached as an exhibit to all deeds filed for record in any county in the state certifying compliance with...more

Goodwin

Far Beyond Real Estate: The Real Impact of Florida’s SB 264

Goodwin on

On May 8, 2023, Florida Gov. Ron DeSantis signed into law Senate Bill 264: Interests of Foreign Countries (SB 264), effective July 1, 2023. The law may affect not only traditional real property owners and investors but also...more

Miller Canfield

Canada’s Foreign Buyers Ban: What You Should Know About the Ban on Non-Canadians Purchasing Residential Property in Canada

Miller Canfield on

The government of Canada recently passed legislation that effectively bans non-Canadian individuals and corporations from purchasing residential real estate under the Prohibition of Purchase of Residential Real Estate by...more

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