HB1903 amends Tennessee Code to redefine homestead exemptions for surviving spouses, minor children, and adults with developmental or intellectual.
HB1903 amends Tennessee Code to redefine homestead exemptions for surviving spouses, minor children, and adults with developmental or intellectual disabilities. It specifies that if real estate cannot be set apart as a homestead, it must be sold, with proceeds invested or paid directly to the surviving spouse, minor child, or disabled adult. The act also redefines "developmental disability" and "intellectual disability" to align with existing definitions. Effective July 1, 2026.
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- Overview
- Core Provisions
- Implementation
- Impact
- Legal Framework
- Critical Issues
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