On February 6, 2025, Rules 73C-61.001-.007, F.A.C. (“PRC Rules”), go into effect for implementing Section 692.204, Florida Statutes—the law restricting the purchase of real property by certain persons or entities from...more
The Florida Real Estate Commission’s form buyer’s affidavits for conveyances to foreign entities are finally available and go into effect on January 17, 2024. This should provide some relief for practitioners and title...more
Lawsuit Against Florida Law Restricting Certain Foreign Ownership of Real Property Set for Hearing This Week, DOJ Supports but 12 States Oppose -
On July 1, 2023, SB 264 (Chapter No. 2023-33, Laws of Florida) took effect....more
7/17/2023
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Beneficial Owner ,
Department of Justice (DOJ) ,
Due Process ,
Equal Protection ,
Fair Housing Act (FHA) ,
Foreign Ownership ,
National Security ,
Real Estate Investments ,
Real Estate Market ,
Real Estate Transactions ,
Regulatory Requirements
For five months now, Florida condominiums with buildings that are three stories or higher have been on notice of F.S. §553.899, a new statute adopted within Senate Bill 4-D (“S.B. 4-D”) that requires periodic milestone...more