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TN SB1985
Bill
Status
1/22/2026
Primary Sponsor
Brent Taylor
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AI Summary
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Requires all real property deeds to be prepared by a Tennessee-licensed attorney and include the attorney's board of professional responsibility number; deeds recorded on or after July 1, 2026 without attorney preparation may be declared void
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Mandates that title insurance premiums be split equally between the buyer and seller of real property
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Requires foreign title insurance companies to maintain an office in Tennessee as long as any liability remains outstanding against the insurer in the state
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Non-resident purchasers of Tennessee real property must designate an in-state agent for service of process in any legal proceedings
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Effective date: July 1, 2026
Legislative Description
AN ACT to amend Tennessee Code Annotated, Title 8; Title 23; Title 39; Title 45; Title 47, Chapter 18; Title 56; Title 62 and Title 66, relative to real property.
Real Property
Last Action
Action deferred in Senate Commerce and Labor Committee to 3/17/2026
3/10/2026