Tennessee SB1985 amends real property laws, requiring deeds to be prepared by licensed attorneys, mandating equal payment of title insurance.
Tennessee SB1985, known as the "Tennessee Real Estate Consumer Fraud Protection Act," introduces several amendments to real property laws. It mandates that deeds for real property must be prepared by a licensed attorney in Tennessee, with the attorney's board number included on the deed. Deeds not prepared by an attorney may be declared void if recorded after July 1, 2026. The bill also requires that the premium for title insurance be equally paid by the buyer and seller.
Included in complete analysis
- Overview
- Core Provisions
- Implementation
- Impact
- Legal Framework
- Critical Issues
See what it does, who it affects, and the critical issues in plain language. Free, 30 seconds.