{"id":28649,"date":"2026-04-02T08:11:00","date_gmt":"2026-04-02T13:11:00","guid":{"rendered":"https:\/\/pintailcos.com\/web\/texas-realtors-needs-your-comments-on-proposed-rules-for-foreign-acquisition-of-texas-property\/"},"modified":"2026-04-02T08:11:00","modified_gmt":"2026-04-02T13:11:00","slug":"texas-realtors-needs-your-comments-on-proposed-rules-for-foreign-acquisition-of-texas-property","status":"publish","type":"post","link":"https:\/\/pintailcos.com\/web\/texas-realtors-needs-your-comments-on-proposed-rules-for-foreign-acquisition-of-texas-property\/","title":{"rendered":"Attorney General Issues Proposed Rules on Foreign Acquisition of Texas Property"},"content":{"rendered":"The Texas attorney general has issued proposed rules to implement Senate Bill 17, the law that bans some foreign ownership of real property which passed during the 89th Texas Legislature. SB 17 prohibits certain individuals, companies, and government-linked entities from designated countries from buying, renting, or acquiring real property in Texas. These rules are not final and are currently open for public comment through April 26th.\nTexas REALTORS\u00ae worked directly with lawmakers and industry partners to ensure that real estate professionals were not expected to enforce this law. The proposed rules, however, introduce a reporting obligation for \u201cfacilitating entities,\u201d which would include real estate agents, to report a transaction if they know or reasonably should know that a transaction violates the law. Not only does this create new levels of uncertainty for members, but the proposed rules could also increase risks associated with fair housing laws and the REALTOR\u00ae Code of Ethics.\nWe believe the proposed rules go beyond the original legislative intent. REALTORS\u00ae are not investigators and should not be expected to make determinations that could conflict with their obligations to provide equal professional service to all clients.\nWe encourage members to review the proposed rules and submit comments on how these changes impact your business. Your voice is an important part of ensuring that any final regulations reflect the intent of the law and the realities of real estate practice.\nTexas REALTORS\u00ae is actively engaged in the rulemaking process and is working in coordination with real estate industry partners to provide feedback and advocate for clear, practical guidance that protects both consumers and real estate professionals.\nTexas REALTORS\u00ae will continue to keep you updated and provide guidance as this process moves forward.","protected":false},"excerpt":{"rendered":"<p>The Texas attorney general has issued proposed rules to implement Senate Bill 17, the law that bans some foreign ownership of real property which passed during the 89th Texas Legislature. SB 17 prohibits certain individuals, companies, and government-linked entities from designated countries from buying, renting, or acquiring real property in Texas. These rules are not [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_exactmetrics_skip_tracking":false,"_exactmetrics_sitenote_active":false,"_exactmetrics_sitenote_note":"","_exactmetrics_sitenote_category":0,"footnotes":""},"categories":[108],"tags":[],"class_list":["post-28649","post","type-post","status-publish","format-standard","hentry","category-news"],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/pintailcos.com\/web\/wp-json\/wp\/v2\/posts\/28649","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/pintailcos.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/pintailcos.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/pintailcos.com\/web\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/pintailcos.com\/web\/wp-json\/wp\/v2\/comments?post=28649"}],"version-history":[{"count":0,"href":"https:\/\/pintailcos.com\/web\/wp-json\/wp\/v2\/posts\/28649\/revisions"}],"wp:attachment":[{"href":"https:\/\/pintailcos.com\/web\/wp-json\/wp\/v2\/media?parent=28649"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/pintailcos.com\/web\/wp-json\/wp\/v2\/categories?post=28649"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/pintailcos.com\/web\/wp-json\/wp\/v2\/tags?post=28649"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}