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Bill > SB1324
TN SB1324
TN SB1324AN ACT to amend Tennessee Code Annotated, Title 35, relative to foreclosure sales.
summary
Introduced
01/31/2023
01/31/2023
In Committee
Crossed Over
Passed
Dead
04/25/2024
04/25/2024
Introduced Session
113th General Assembly
Bill Summary
As introduced, updates requirements regarding public notice for a foreclosure sale of real property, including a requirement that public notice be posted on the secretary of state's website. - Amends TCA Title 35.
AI Summary
This bill amends Tennessee's foreclosure laws to update the requirements for public notice of a foreclosure sale. It adds a requirement that public notice be posted on the Secretary of State's website, in addition to being published in a local newspaper. It also clarifies the notice requirements for the debtor and co-debtor, and allows for the postponement or adjournment of a foreclosure sale if certain conditions are met. The bill takes effect on January 1, 2024.
Committee Categories
Government Affairs
Sponsors (2)
Last Action
Assigned to General Subcommittee of Senate State and Local Government Committee (on 03/21/2023)
Bill Topics
Community Development and Housing Issues
- ‐ Housing and Real Estate Finance
- ‐ Secondary Mortgages and Foreclosures
bill text
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bill summary
| Document Type | Source Location | Created |
|---|---|---|
| State Bill Page | https://wapp.capitol.tn.gov/apps/Billinfo/default.aspx?BillNumber=SB1324&ga=113 | 01/31/2023 |
| Fiscal Note - HB1355 | https://www.capitol.tn.gov/Bills/113/Fiscal/HB1355.pdf | 02/09/2023 |
| BillText | https://www.capitol.tn.gov/Bills/113/Bill/SB1324.pdf | 01/31/2023 |
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