Privately Owned Real Property; Prohibition Against Regulations Having Effect of Controlling Rent or Purchase Price or of Requiring Property to Be Designated for Lease or Sale Based on Income or Assets

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Sec. 1. A county or municipality may not adopt or enforce a land use or planning ordinance or regulation that would have the effect of:

(1) controlling the amount of rent charged or the purchase price agreed upon for a transaction pertaining to the lease or purchase of privately owned residential or commercial real property; or

(2) requiring real property to be designated or reserved for lease or sale to a group of occupants, owners, or residents classified by income or assets.

As added by P.L.266-2017, SEC.4.


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