Assembly Bill A6410

2023-2024 Legislative Session

Prohibits the purchase of certain agricultural and industrial real property by nationals from certain foreign countries

download bill text pdf

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Current Bill Status - In Assembly Committee


  • Introduced
    • In Committee Assembly
    • In Committee Senate
    • On Floor Calendar Assembly
    • On Floor Calendar Senate
    • Passed Assembly
    • Passed Senate
  • Delivered to Governor
  • Signed By Governor

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2023-A6410 (ACTIVE) - Details

Current Committee:
Assembly Judiciary
Law Section:
Real Property Law
Laws Affected:
Amd §10, RP L

2023-A6410 (ACTIVE) - Summary

Prohibits certain noncitizens, foreign governments, and foreign entities from taking any real property that is zoned as industrial, light industrial, heavy industrial, residential agricultural, agricultural or rural agricultural.

2023-A6410 (ACTIVE) - Bill Text download pdf

                             
                     S T A T E   O F   N E W   Y O R K
 ________________________________________________________________________
 
                                   6410
 
                        2023-2024 Regular Sessions
 
                           I N  A S S E M B L Y
 
                               April 6, 2023
                                ___________
 
 Introduced by M. of A. LEMONDES -- read once and referred to the Commit-
   tee on Judiciary
 
 AN  ACT  to  amend the real property law, in relation to prohibiting the
   purchase of certain  agricultural  and  industrial  real  property  by
   nationals from foreign countries
 
   THE  PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM-
 BLY, DO ENACT AS FOLLOWS:
 
   Section 1. Section 10 of the real property law, as amended by  chapter
 272  of the laws of 1944, subdivision 2 as amended by chapter 669 of the
 laws of 2022, and subdivision 3 as added by chapter 740 of the  laws  of
 1954, is amended to read as follows:
   §  10.  Capacity  to  hold  real  property. 1. A citizen of the United
 States is capable of holding real property within  this  state,  and  of
 taking the same by descent, devise or purchase.
   2.  Noncitizens  OTHER THAN THOSE PROHIBITED UNDER SUBDIVISION FOUR OF
 THIS SECTION, are empowered to take, hold, transmit, and dispose of real
 property within this state in the same manner  as  native-born  citizens
 and their heirs and devisees take in the same manner as citizens.
   3.  For the purpose of maintaining offices and places of residence for
 its ambassadors and consular officers and for its representatives at the
 United Nations, a foreign government OTHER THAN THOSE  PROHIBITED  UNDER
 SUBDIVISION  FOUR  OF  THIS  SECTION, is empowered to hold, transmit and
 dispose of real property within this state. Title to such  property  may
 be  taken either in the name of the foreign government or in the name of
 its ambassador or consul or in the name of its minister  to  the  United
 Nations.  If  a  conveyance of real property is made to an ambassador or
 consul or minister of a foreign government as such, or  contains  appro-
 priate  words  showing  the intention to vest the title in the holder of
 the office rather than in the named individual, the title  to  the  real
 property  shall pass from time to time without any further conveyance to

  EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                       [ ] is old law to be omitted.
                                                            LBD10199-01-3
 A. 6410                             2
              

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