Tennessee House Bill HB2271

Tennessee 2023-2024 Regular Session

• Introduced: 1/29/24

Caption

AN ACT to amend Tennessee Code Annotated, Title 8, Chapter 13; Title 35; Title 39, Chapter 17; Title 45; Title 47; Title 66 and Section 67-4-409, relative to property.

Impact

The bill aims to modernize property transaction processes within the state. By mandating notification to the parties involved when a quitclaim deed is filed, it addresses potential gaps in communication that can arise during property transfers. Ensuring that previous tax payers are informed about changes in ownership is crucial for maintaining clarity in property records and preventing disputes that may arise from unknown property status changes.

Summary

House Bill 2271 seeks to amend several sections of the Tennessee Code Annotated, specifically targeting property-related laws. A critical addition is the requirement for the county register to consult with the county assessor of property upon the recording of a quitclaim deed. This ensures that notification is sent to the previous property tax payer's address regarding the deed's recording, thereby enhancing transparency in property transactions.

Sentiment

Overall, the sentiment around HB2271 appears to be generally supportive, particularly among stakeholders concerned with property management and transparency. The provision to notify relevant parties is seen as a proactive step that could lead to more informed property ownership and clearer tax liabilities. However, there may also be concerns about the administrative burden this could place on county offices responsible for these notifications.

Contention

While the bill's provisions are primarily focused on improving property record transparency, there may be contention regarding the additional paperwork and procedures that county registers will need to implement. Stakeholders might debate the effectiveness of the notification system and its impact on county resources, particularly if there are significant increases in property transactions. Nonetheless, the intent to enhance communication and reduce confusion in property transfers is a notable point of agreement among supporters.