Texas Property Code
§ 5.253 — PROHIBITION ON PURCHASE OR ACQUISITION OF REAL PROPERTY
PR § 5.253Title 2. CONVEYANCES · Ch. 5. CONVEYANCES · Art. H. PURCHASE OR ACQUISITION OF REAL PROPERTY BY CERTAIN FOREIGN INDIVIDUALS OR ENTITIES
Statute text
View on sourceNotwithstanding any other law, the following may not purchase or otherwise acquire an interest in real property in this state:
(1)a governmental entity of a designated country;
(2)a company or organization that is:
(A)headquartered in a designated country;
(B)directly or indirectly held or controlled by the government of a designated country;
(C)owned by or the majority of stock or other ownership interest of which is held or controlled by individuals described by Subdivision (4); or
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Legislative history
Added by Acts 2025, 89th Leg., R.S., Ch. 956 (S.B. 17), Sec. 4, eff. September 1, 2025.