New Jersey A169 bans foreign ownership of agricultural or horticultural land and agricultural woodlands in the state.
New Jersey A169 prohibits foreign governments and persons from acquiring, purchasing, or obtaining any interest in agricultural or horticultural land and agricultural woodlands in the state. Exceptions include land acquired through legal processes like debt collection or foreclosure, which must be sold within two years. Foreign owners with existing interests can retain them for up to five years but must sell them to non-foreign entities with a deed of easement ensuring continued agricultural use. The bill also mandates annual reporting on foreign-owned agricultural land and woodlands.
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