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TN HB2249

TN HB2249
AN ACT to amend Tennessee Code Annotated, Title 13 and Title 66, relative to property.


summary

Introduced
01/29/2024
In Committee
03/26/2024
Crossed Over
Passed
04/17/2024
Dead
Signed/Enacted/Adopted
04/17/2024

Introduced Session

113th General Assembly

Bill Summary

As enacted, makes changes to the law relative to homeowners' associations. - Amends TCA Title 13 and Title 66.

AI Summary

This bill amends Tennessee's laws related to homeowners' associations. It defines a "nonessential amenity" as something like a pool or clubhouse that is not necessary for the daily operation of the community. The bill requires a two-thirds majority vote of the homeowners' association members to levy a special assessment for a nonessential amenity, and the association must also provide financing or a payment plan for members. Additionally, the bill prohibits the association from foreclosing on a property if the owner fails to pay the special assessment for a nonessential amenity. The changes made by this bill take effect on July 1, 2024.

Committee Categories

Government Affairs, Housing and Urban Affairs

Sponsors (1)

Last Action

Comp. became Pub. Ch. 691 (on 04/17/2024)

bill text


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