TN HB0137 | 2025-2026 | 114th General Assembly

Status

Spectrum: Partisan Bill (Republican 1-0)
Status: Introduced on January 13 2025 - 25% progression
Action: 2025-01-15 - Withdrawn.
Text: Latest bill text (Draft #1) [PDF]

Summary

As introduced, authorizes a purchaser or borrower in a real property transaction to select the settlement agent to perform certain duties; authorizes the seller to retain a licensed attorney in this state to represent the seller's interests in such transaction; prohibits the designated settlement agent from collecting certain transaction-related fees from a represented seller without consent of the seller's attorney. - Amends TCA Title 56, Chapter 35 and Title 66.

Tracking Information

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Title

AN ACT to amend Tennessee Code Annotated, Title 56, Chapter 35 and Title 66, relative to real property transactions.

Sponsors


History

DateChamberAction
2025-01-15HouseWithdrawn.
2025-01-15HouseP2C held on desk, pending appointment of Standing Committees
2025-01-14HouseIntro., P1C.
2025-01-13HouseFiled for introduction

Subjects


Tennessee State Sources


Bill Comments

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