Bill > HB0565

This bill introduces the "Tennessee Homebuyer Harassment Prevention Act," which aims to protect property owners from excessive unsolicited purchase offers. The legislation restricts real estate developers, businesses, and their representatives from contacting a property owner more than once per calendar year with an unsolicited request to buy their property, regardless of the communication method (phone, text, email, mail, etc.). When making contact, the solicitor must provide their legal name, operational address, contact phone number, and email address. The bill allows property owners who believe they have been harassed to file a complaint with the division of consumer affairs, which must review the complaint within 20 business days and provide written feedback. Violators can face civil penalties up to $2,000 per violation, and the attorney general is authorized to investigate and prosecute these cases. The law specifically targets deceptive practices like using misleading caller ID information to circumvent the contact restrictions. Notably, licensed real estate agents and government agencies are exempt from these regulations. The act will take effect on July 1, 2025, and applies to prohibited conduct occurring on or after that date, providing a clear timeline for implementation and compliance.

Business and Industry

https://wapp.capitol.tn.gov/apps/Billinfo/default.aspx?BillNumber=HB0565&ga=114