New York A01452 prohibits acquisition of real property by foreign countries and entities of particular concern and their citizens, companies, and.

New York A01452 amends the real property law to prohibit certain foreign countries and entities of particular concern, as identified by the United States Department of State, from acquiring real property within the state. This includes governmental entities, companies, and individuals associated with these countries and entities. The act also restricts these entities from transferring or disposing of real property within the state, except for maintaining offices and residences for diplomatic representatives. The act takes effect immediately upon enactment.

New York A01452 prohibits acquisition of real property by foreign countries and entities of particular concern and their citizens, companies, and.

New York A01452 amends the real property law to prohibit certain foreign countries and entities of particular concern, as identified by the United States Department of State, from acquiring real property within the state. This includes governmental entities, companies, and individuals associated with these countries and entities. The act also restricts these entities from transferring or disposing of real property within the state, except for maintaining offices and residences for diplomatic representatives. The act takes effect immediately upon enactment.