Sales of real property interests to nonresident aliens may be regulated by the state but are not regulated by the federal government.

Name: Sales of real property interests to nonresident aliens may be regulated by the state but are not regulated by the federal government.
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Question

Quizplus · Accepted Answer

Sales of real property interests to nonresident aliens are regulated by the federal government and require compliance with the Foreign Investment in Real Property Tax Act (FIRPTA) and other federal regulations.

Sales of Real Property Interests to Nonresident Aliens May Be