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TN HB1039

TN HB1039
AN ACT to amend Tennessee Code Annotated, Title 47, Chapter 10, Part 1 and Title 66, Chapter 24, Part 2, relative to electronic recordings.


summary

Introduced
02/05/2025
In Committee
02/26/2025
Crossed Over
03/04/2025
Passed
03/19/2025
Dead
Signed/Enacted/Adopted
04/04/2025

Introduced Session

114th General Assembly

Bill Summary

As enacted, specifies certain persons who may submit electronic records for registration with a register of deeds that accepts electronic records under the Uniform Real Property Electronic Recording Act; makes other changes related to the act. - Amends TCA Title 47, Chapter 10, Part 1 and Title 66, Chapter 24, Part 2.

AI Summary

This bill amends Tennessee law to specify which entities can submit electronic records for registration with county registers of deeds under the Uniform Real Property Electronic Recording Act. The bill authorizes several specific types of organizations to submit electronic records, including licensed attorneys, financial institutions (such as banks, credit unions, and federally chartered lending institutions), title insurance companies, licensed loan providers, and various state, county, and municipal government entities and their agencies. The legislation also clarifies that electronic filing vendors are responsible for ensuring that only authorized entities submit electronic documents and that these vendors can be held liable for damages resulting from transmitting documents from unauthorized sources. Additionally, the bill allows county registers to receive electronic documents created by digitizing original paper documents, provided they meet certain certification requirements. The changes are designed to streamline and regulate the electronic recording process for real property documents, with the act set to take effect on July 1, 2025.

Committee Categories

Government Affairs

Sponsors (1)

Last Action

Effective date(s) 07/01/2025 (on 04/04/2025)

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