Document Type
Peach Sheet
Abstract
The Act restricts nonresident aliens from acquiring certain land interests. It forbids such nonresident aliens from acquiring possessory interests in agricultural land within ten miles of military bases, installations, and airports. Nonresident aliens include natural persons who are not United States citizens or legal residents, are agents of foreign adversaries designated in 15 C.F.R. § 7.4 (currently China (including Hong Kong), Cuba, Iran, North Korea, Russia, and the Venezuelan Maduro Regime), and who satisfy one of two time-related presence thresholds. Further, nonresident aliens include corporations domiciled in or owned (by at least 25% ownership) by entities domiciled in the same adversarial nations, as well as the government of said nations. The Act includes several exceptions, such as for ownership of residential property, ownership for purposes of indebtedness, and leaseholds for research and experimental purposes. The Act also creates provisions allowing for Transfer-on-Death Deeds.
Recommended Citation
Kathryn T. Saltzman & Noah M. Wilson,
Agriculture - Rights of Aliens; Rights as to Realty,
41
Ga. St. U. L. Rev.
(2025).
Available at:
https://readingroom.law.gsu.edu/gsulr/vol41/iss1/18