Tag: agricultural

Senate Bill 17

Senate Bill 17 – Relating to the purchase or acquisition of real property by certain aliens or foreign entities.

This is a short summary. Read the entire bill here.

This Texas bill, effective September 1, 2025, restricts certain foreign individuals and entities from purchasing or acquiring real property (including agricultural, residential, commercial, and industrial land) in the state.

Key Provisions:
1. Prohibited Buyers:
– Governments, organizations, or individuals from “designated countries” (those deemed a national security threat by U.S. intelligence).
– Entities controlled by these governments or individuals.

2. Exceptions:
– U.S. citizens, lawful permanent residents (even if from a restricted country).
– Homestead properties (primary residences).
– Leaseholds under 100 years.

3. Enforcement:
– The Texas Attorney General can investigate and sue to block illegal purchases.
– Courts may appoint a receiver to seize and sell prohibited properties.

4. Impact:
– Does not void past purchases (only applies to transactions after Sept. 1, 2025).
– Aims to prevent foreign adversaries from gaining control over Texas land, especially agricultural and strategic properties.

Bottom Line:
Texas is tightening rules on foreign real estate ownership to address national security concerns, while protecting lawful residents and homestead rights.