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2024-313
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2024-313
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Last modified
5/9/2025 11:59:38 AM
Creation date
12/30/2024 1:24:26 PM
Metadata
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Template:
Official Documents
Official Document Type
Agreement
Approved Date
12/03/2024
Control Number
2024-313
Agenda Item Number
14.C.
Entity Name
Rocker Sebastian, LLC
Subject
Agreement to Purchase and Sell Real Estate 11075 US Hwy 1, Sebastian
Warranty Deed & Title
Document Relationships
2025-017
(Cover Page)
Path:
\Resolutions\2020's\2025
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A TRUE COPY <br />CERTIFICATION ON LAST PAGE <br />RYAN L. BUTLER, CLERK <br />NOTICE: FLORIDA NOW RESTRICTS THE SALE OF,PROPERTY TO <br />..- --FOREIGN PRINCIPALS (Secsi 692.202-205, F.S.) <br />THIS NOTICE DOES NOT APPLY TO CITIZENS OF THE UNITED STATES AND <br />PERMANENT RESIDENT ALIENS. <br />CAUTION: THIS NOTICE IS NOT INTENDED TO PROVIDE LEGAL ADVICE. PERSONS WHO ARE <br />OR MAY BE DEFINED AS "FOREIGN PRINCIPALS OF FOREIGN COUNTRIES OF CONCERN" <br />SHOULD CONSULT WITH AN ATTORNEY BEFORE PURCHASING OR ACQUIRING ANY <br />INTEREST IN REAL PROPERTY IN FLORIDA ON OR AFTER JULY 12023 LAND_ AC_Q_UIRED IN <br />VIOLATION OF THIS LAW MAY BE FORFEITED TO THE STATE. ^ <br />Effective July 1, 2023, foreign principals of these foreign countries of concern are prohibited <br />from purchasing or acquiring any interest in certain types of Florida real property, subject to limited <br />exceptions: <br />• The People's Republic of China <br />• The Russian Federation <br />• The Islamic Republic of Iran <br />• The Democratic People's Republic of Korea <br />• The Republic of Cuba <br />• The Venezuelan regime of Nicolas Maduro <br />• The Syrian Arab Republic <br />• Any agency of or any other entity of significant control of such foreign country of concern <br />BUYERS ARE A FOREIGN PRINCIPAL IF ANY OF THESE APPLY TO THEM: <br />(a) The government or any official of the government of a foreign country of concern; <br />(b) A political party or member of a political party or any subdivision of a political party in a foreign <br />country of concern; <br />(c) A partnership, association, corporation, organization, or other combination of persons organized <br />under the laws of or having its principal place of business in a foreign country of concern, or a subsidiary of <br />such entity; <br />(d) Any person who is domiciled in a foreign country of concern and is not a citizen or lawful permanent <br />resident of the United States, or <br />(e) Any person, entity, or collection of persons or entities, described in paragraphs (a) through (d) <br />having a controlling interest in a partnership, association, corporation, organization, trust, or any other legal <br />entity or subsidiary formed for the purpose of owning real property in Florida_ <br />IF A BUYER IS A FOREIGN PRINCIPAL, FLORIDA LAW PROHIBITS THEM: <br />• From purchasing or acquiring any interest in real property in Florida classified as agricultural land' or <br />within 5 miles of a military installation? <br />r Agricultural land is defined to be that which has "agricultural classification" under F.S. 193.461. <br />2 "Military installation" means a base, camp, post, station, yard, or center encompassing at least 10 contiguous acres that is under the <br />jurisdiction of the Department of Defense or its affiliates. Sec. 692.201(5), F -S. <br />Closing Affidavit (Buyer) - Page 3 <br />File Number. 24455 DoubleTimel� <br />
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