The Florida Realtors / Florida Bar (“FARBAR”) Residential Contract for Sale and Purchase and the “AS IS” Residential Contract for Sale and Purchase have been updated as of July 1, 2023. The new revised versions are identifiable by “6x” and “Rev. 7/23” notations towards the lower left-hand corner of each contract. The changes to bothContinue reading “FAR/BAR Residential Contract and FAR/BAR “As Is” Residential Contract Revised as of July 1, 2023″
Tag Archives: 692.201
Florida Statutes § 692.201 (SB 264): “Foreign Countries of Concern”
Pursuant to Florida Senate Bill 264 (2023), which created Florida Statutes § 692.201, the Foreign countries of concern, including any agency of or any other entity of significant control of such foreign countries of concern, are:
New Florida Law Prohibits “Foreign Principals” from Purchasing Certain Real Property
A new law in Florida will prohibit foreign principals from purchasing agricultural land or certain real property in the state. The law, Senate Bill 264, was signed into law on May 8, 2023, and becomes effective July 1, 2023. The law creates what is now Part III of Florida Statutes Chapter 692 (to be codifiedContinue reading “New Florida Law Prohibits “Foreign Principals” from Purchasing Certain Real Property”