Real property; title; parcels; definitions; exclusions; effective date.

Summary

The bill bars publicly traded companies, investment firms, hedge funds and similar "restricted entities" from holding title to more than 100 parcels of single‑family residential property in the state. Natural persons, entities that acquire property to lease non‑single‑family units, and any holdings that exist on the effective date are exempt. The restriction takes effect on November 1, 2026.

AI-generated summary — may be incomplete or inaccurate. Verify against the official bill text.

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