31 C.F.R. § 802.234

Current through November 30, 2024
Section 802.234 - Purchase
(a) The term purchase means an arrangement conveying an ownership interest in real estate to a person in exchange for consideration.
(b) Example: Person A, a foreign person, acquires covered real estate from Person B, a U.S. national, in exchange for land and services. Person A has purchased the covered real estate because the arrangement was predicated on consideration in the form of land and services.

31 C.F.R. §802.234

85 FR 3166 , 2/13/2020