---
kind: "section"
citation: "31 C.F.R. § 802.302"
title: "31"
number: "802.302"
heading: "Transactions that are not covered real estate transactions."
url: "https://uscodex.org/cfr/31/802.302"
---

# §802.302. Transactions that are not covered real estate transactions.


Transactions that are not covered real estate transactions include:

- (a) A transaction that meets the definition of excepted real estate transaction in [§ 802.216](/cfr/31/802.216.md).
- (b) A purchase or lease by, or concession to, a foreign person of covered real estate, or a subsequent change in rights, that does not afford or result in the foreign person having at least three of the property rights with respect to the covered real estate.
- (c) An acquisition of securities by a person acting as a securities underwriter, in the ordinary course of business and in the process of underwriting.
- (d) An acquisition pursuant to a condition in a contract of insurance relating to fidelity, surety, or casualty obligations if the contract was made by an insurer in the ordinary course of business.

## Notes

### Authority

Authority: 50 U.S.C. 4565; E.O. 11858, as amended, 73 FR 4677.

### Source

Source: 85 FR 3166, Jan. 17, 2020, unless otherwise noted.