Bill > SB2899

This bill updates the requirements for public notice of a foreclosure sale of real property in Tennessee. The key provisions include: 1. Requiring public notice to be posted on the Tennessee Secretary of State's website for a minimum of 20 continuous days, in addition to being published at least once in a local newspaper. 2. Specifying the required contents of the public notice, such as the names of the foreclosing party, property owner, and interested parties. 3. Allowing postponement or adjournment of the sale, as long as the rescheduled date is posted on the Secretary of State's website. 4. Providing an alternative to newspaper publication if a newspaper is not published in the county where the property is located or the foreclosing party is unable to publish the notice in a newspaper. The bill aims to modernize and streamline the public notice requirements for foreclosure sales in Tennessee, with a focus on online publication and transparency. The changes will take effect on January 1, 2025.