New Hampshire § 477:22-c Ownership, Control, and Occupancy;  Prohibitions

New Hampshire Statutes

§ 477:22-c — Ownership, Control, and Occupancy; Prohibitions

New Hampshire·Title XLVIII CONVEYANCES AND MORTGAGES OF REALTY·Ch. 477 CONVEYANCES OF REALTY AND INTERESTS THEREIN·Subdivision Ownership or Lease of Real Property by Foreign Principals from Foreign Countries of Concern

I.No foreign principal may acquire any permanent or temporary ownership or controlling interest in real property within the state of New Hampshire by any means, including but not limited to, purchase, grant, contract, eminent domain, or demise.

II.No foreign principal may lease or otherwise enter into a contract to occupy or control or allow another foreign principal or agent to occupy or control, any real property within the state of New Hampshire.

III.With regard to any provision of this subdivision, a real estate or closing agent shall bear no obligation or requirement to instruct, disclose, assist, or authenticate a person or entity who leases or acquires, or seeks to lease or acquire, an ownership or controlling interest in real property. Responsibility for knowledge of and complia

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I. No foreign principal may acquire any permanent or temporary ownership or controlling interest in real property within the state of New Hampshire by any means, including but not limited to, purchase, grant, contract, eminent domain, or demise.
II. No foreign principal may lease or otherwise enter into a contract to occupy or control or allow another foreign principal or agent to occupy or control, any real property within the state of New Hampshire.
III. With regard to any provision of this subdivision, a real estate or closing agent shall bear no obligation or requirement to instruct, disclose, assist, or authenticate a person or entity who leases or acquires, or seeks to lease or acquire, an ownership or controlling interest in real property. Responsibility for knowledge of and compliance with the provisions of this subdivision shall lie solely with the foreign principal.

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