Texas HB191 prohibits certain foreign entities from purchasing or acquiring real property in Texas.

Texas HB191 amends the Texas Property Code to prohibit certain foreign entities from purchasing or acquiring real property in Texas. Specifically, it bans governmental entities of designated countries, organizations headquartered or controlled by such countries, and organizations under the control of these entities from acquiring real property. The attorney general can enforce this prohibition by bringing an action in district court, which may result in the appointment of a receiver to manage and sell the property.

Texas HB191 prohibits certain foreign entities from purchasing or acquiring real property in Texas.

Texas HB191 amends the Texas Property Code to prohibit certain foreign entities from purchasing or acquiring real property in Texas. Specifically, it bans governmental entities of designated countries, organizations headquartered or controlled by such countries, and organizations under the control of these entities from acquiring real property. The attorney general can enforce this prohibition by bringing an action in district court, which may result in the appointment of a receiver to manage and sell the property.