SB1983 amends the redemption period for property sold in tax sales in Tennessee.
SB1983 amends Tennessee Code Annotated, Section 67-5-2701, to change the procedure for redeeming property sold in tax sales. The redemption period is now based on the period of delinquency. If the delinquency is three years or less, the redemption period is one year from the sale confirmation order. If the delinquency exceeds three years, the redemption period is ninety days from the sale confirmation order. This change applies to sales confirmed on or after July 1, 2026.
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