2023 House Bill 4329

Property: land sales; sale or transfer of real property to foreign entities; prohibit.

A bill to amend 1846 RS 66, entitled “Of estates in dower, by the curtesy, and general provisions concerning real estate,” by amending the title and sections 35 and 36 (MCL 554.135 and 554.136) and by adding section 36a.

AI Analysis – Experimental

Prohibits foreign persons, defined broadly to include foreign citizens, businesses, and governments, particularly those from nonmarket economies or state sponsors of terrorism, from purchasing additional land in Michigan post-amendment.