Prohibits acquisition of real property by foreign countries and entities of particular concern and their citizens.

This bill amends the real property law to prohibit the acquisition of real property by foreign countries and entities of particular concern, as identified by the United States Department of State, and their citizens, companies, entities, and members. It also restricts the transfer or disposal of real property within the state to eligible persons or entities. The act takes effect immediately.

Prohibits acquisition of real property by foreign countries and entities of particular concern and their citizens.

This bill amends the real property law to prohibit the acquisition of real property by foreign countries and entities of particular concern, as identified by the United States Department of State, and their citizens, companies, entities, and members. It also restricts the transfer or disposal of real property within the state to eligible persons or entities. The act takes effect immediately.