FOG

Foreign Governments

The states impose numerous limitations on alien ownership of land.

Exception

FOGX01 STG

Limitations and Conditions

Limitations and conditions imposed by law on the ownership of land by or validity or enforceability of rights against a foreign government, or any agency, instrumentality, or person acting for or on its behalf.
Comment: The states impose numerous limitations on alien ownership of land.

FOGX02 STG

Acquisition by foreign government


Note: You may add additional local exceptions here. Please consult with our underwriting personnel in preparing appropriate provisions.
Note: Foreign governments are permitted to acquire, hold and dispose of real estate in New York for the purpose of maintaining offices and places of residence for ambassadors, consular officers and United Nations representatives (Real Property Law §10.3.). Where a foreign government acquires, title may be held in the name of the foreign government, or in the name of its ambassador, consul or minister to the U.N. If title is taken in an individual in such capacity, and the conveyance contains language indicating that title is to vest in the holder of the office rather than in the named individual, title shall pass to the successors in office without a deed. (Real Property Law §10.3.).

Note: You may add additional local exceptions here. Please consult with our underwriting personnel in preparing appropriate provisions.