Tennessee House Bill HB0035

Tennessee 2023-2024 Regular Session

• Introduced: 1/6/23

Caption

AN ACT to amend Tennessee Code Annotated, Title 48 and Title 66, relative to homeowners' associations.

Impact

The amendment is expected to have a significant effect on homeowners' associations in Tennessee by providing a longer period for compliance with state regulations. This adjustment could alleviate pressure on associations, giving them more time to notify members and address various administrative tasks. The bill reflects a broader effort to ensure that property owners within these associations are adequately informed and have sufficient time to respond to any necessary actions, thereby promoting a more organized and efficient management structure.

Summary

House Bill 0035 aims to amend specific provisions in the Tennessee Code Annotated related to homeowners' associations. The bill modifies the time frame involved in certain regulatory processes, changing the notification period from thirty business days to thirty-five business days. This change is intended to provide homeowners' associations additional time to comply with regulations and requirements, which could ultimately impact their management and operational effectiveness.

Sentiment

The sentiment surrounding HB 0035 is largely positive among those within the property management and real estate sectors. Advocates argue that the extended timeline will facilitate better governance and communication within homeowners' associations. However, there may be dissent from those who believe that extended compliance periods could delay necessary actions and adversely affect the operations of these associations, leading to mixed feelings about its practical implications.

Contention

Despite the bill's overall support, there are concerns regarding its implications for accountability and promptness in decision-making within homeowners' associations. Detractors argue that increasing the compliance time could hinder the prompt resolution of issues affecting community members. The tension lies in balancing the needs for sufficient time for compliance with the necessity for timely actions, particularly in situations where decisions are critical for the community's well-being.