A foreign principal that executed a contract for the purchase of real property in the State of Florida prior to July 1, 2023, may own or acquire the real property that is the subject of the contract on or after July 1, 2023. Such real property must be registered with the Department in accordance with rule 73C-60.003, F.A.C.
Fla. Admin. Code Ann. R. 73C-60.002
Rulemaking Authority 692.203(10) FS. Law Implemented 692.203 FS.
New 1-4-24.