Real Property - As introduced, prohibits certain Chinese entities from directly or indirectly owning, having a controlling interest in, acquiring by purchase, grant, devise, or descent an interest, or holding by lease, contract, or usufruct an interest in, except a de minimus indirect interest, real property in this state or real property within 10 miles of a military installation; requires divestment within two years of any such interest unlawfully held; requires certain property owners to register with the secretary of state; provides civil penalties for violations. - Amends TCA Title 66, Chapter 2.