Several recent purchases by international investors, mostly from China, of U.S. land near sensitive locations have created political firestorms, resulting in a renewed push to implement regulations that ensure governmental review of such purchases going forward and to enforce existing laws that require relevant government agencies be notified of such purchases.
LINKS
Read “Increased Scrutiny Raises Int'l Real Estate Transaction Risks,” co-authored by Luciano Racco, published in Law360 Real Estate Authority.