The law that went into effect on Monday prohibits individuals and companies from China, Iran, North Korea and Russia from buying or leasing property for more than one year.
Source: Inman News
Texas bans some foreign buyers from purchasing real estate
Published in ACLU, ACLU of Texas, Agent, AREAA, asian real estate association of america, Asian Real Estate Association of America (AREAA), Brokerage, Chinese American Legal Defense Alliance, Fair Housing Act, florida, foreign buyer ban, foreign buyers, Governor Greg Abbott, greater houston, Greg Abbott, har, houston association of realtors, Houston Association of Realtors (HAR), luxury, luxury lens, luxury_lens, Markets & Economy, Michael Davis, News Brief, Real Estate Ownership Restrictions, Realtor Code of Ethics, residential real estate, Sarah Cruz, Select, texas, texas realtors and Tray Bates
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