Relating to the purchase of or acquisition of title to real property by certain aliens or foreign entities; creating a criminal offense.

HB 2536 would prohibit individuals and entities from designated countries (China, Iran, North Korea, Russia, or any country designated by the Texas governor) from purchasing or acquiring title to real property in Texas. Exceptions apply to U.S. citizens, lawful permanent residents, foreign citizens not domiciled in designated countries, and companies owned by exempt individuals without control from designated countries. Violating this prohibition would create a criminal offense under Texas law. The bill applies to all real property transactions in Texas, including land and improvements.