A law that will prohibit sanctioned foreign entities and nonresident aliens from property ownership in Tennessee is headed to Gov. Bill Lee for signature, after mostly bipartisan passage in the state legislature.
The bill originally did not include the sanctioned language, but was added through amendments. The first version of the bill stated a foreign business, government, nonresident alien, and agents of such groups could not purchase land in Tennessee if their own country prohibited the U.S. citizens from purchasing real property in that country.
