News & Analysis as of

Foreign Ownership Florida

Bilzin Sumberg

New Rules Regarding the Purchase of Florida Real Property by Certain Persons or Entities from China

Bilzin Sumberg on

​​​​​​​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

Akerman LLP

Leisure Law Insider (Vol. 3) - Summer 2024

Akerman LLP on

Welcome to the third edition of The Leisure Law Insider! Released quarterly, we cover the latest news and developments in leisure and hospitality law, regulation, and policy. Expect content on hotels, franchising, labor and...more

K&L Gates LLP

Real Estate Beneficial Ownership Regulatory Alert: Florida Restricts Real Estate Ownership by Individuals and Entities From...

K&L Gates LLP on

SUMMARY - On 17 August, a Florida judged denied a bid by four Chinese citizens and a real estate brokerage firm for summary judgment to block enforcement of Senate Bill 264. Effective 1 July 2023, Senate Bill 264 (codified...more

Bilzin Sumberg

2023 Florida Legislation On Real Estate Deeds

Bilzin Sumberg on

The Florida Legislature passed numerous bills primarily affecting real estate in the 2023 session. Most notably may be SB 15, the so-called SB 4-D Glitch Bill that deals with inspections and reserves for condominiums. This...more

Carlton Fields

[Webinar] New Florida Law Banning Real Estate Ownership by Foreign Principals From Certain Foreign Countries - May 22nd, 12:00 pm...

Carlton Fields on

On May 8, 2023, Gov. Ron DeSantis signed into law Senate Bill 264, creating Florida Statutes sections 692.201 through 692.205, which prohibits the direct or indirect ownership of various categories of real estate by...more

Carlton Fields

Foreign Ownership of Florida Insurers: Concern With Country Concentration

Carlton Fields on

Florida wrapped up its 2022 legislative session on March 14 with one proposed bill that did not make it across the finish but is expected to receive continued attention in the 2023 session. The proposal would establish a new...more

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