Real Property - As enacted, requires a description of real property contained within a deed of conveyance of a property not previously described in a recorded instrument to be prepared by a registered land surveyor, or by a licensed attorney utilizing a survey prepared by a registered land surveyor. - Amends TCA Title 8; Title 23; Title 39; Title 45; Title 47, Chapter 18; Title 56; Title 62 and Title 66.

Summary

The bill requires that deeds be prepared by a Tennessee‑licensed attorney, forces foreign title insurers to keep a state office while any liability exists, and makes buyers and sellers share title‑insurance premiums equally. It also obligates contracts for non‑resident purchasers to name a Tennessee agent for service of process. These changes aim to increase transparency and protect consumers in real‑estate transactions.

AI-generated summary — may be incomplete or inaccurate. Verify against the official bill text.

Topics

Share