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TN SB1230

TN SB1230
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
02/06/2025
In Committee
Crossed Over
Passed
04/04/2025
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 explicitly lists authorized entities, including licensed attorneys, financial institutions (such as banks, credit unions, and federally chartered lending institutions), licensed loan providers, title insurance companies, and various government entities and political subdivisions. The legislation 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. The bill requires county registers to only accept electronic documents transmitted by electronic filing vendors on behalf of the specified authorized persons, and allows for the digital scanning of original paper documents that meet certain certification requirements. The changes are designed to provide clearer guidelines and accountability in the electronic recording of property documents, with the act set to take effect on July 1, 2025.

Committee Categories

Business and Industry

Sponsors (2)

Last Action

Comp. became Pub. Ch. 104 (on 04/04/2025)

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