![Understanding the Real Estate and Tax Implications of Florida's Buyer Ban Law Legal book open in front of bookcase](https://constructiondefectjournal.com/construction_defect_law/images/nimg/072023_12-Law_books_library_shelf.png)
The law imposes criminal penalties on any person or real estate company that knowingly sells real estate in the Sunshine State to anyone impacted by the ban.
Last month, Gov. Ron DeSantis (R) of Florida signed a new law that would prohibit people who are not U.S. citizens or permanent residents and whose "domicile" is in China from purchasing certain real property in the state. Generally, the prohibition applies to agricultural land and other land within ten miles of restricted areas, including military bases and infrastructure like airports and wastewater treatment plants.
The law, which takes effect on July 1, 2023, would also impose criminal penalties on any person or real estate company that knowingly sells real estate in the Sunshine State to anyone impacted by the ban.
Ms. Erb may be contacted at erbk@whiteandwilliams.com