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· TN legislature · 114

Insurance Companies, Agents, Brokers, Policies - As introduced, authorizes a purchaser or borrower in a real property transaction to select the settlement agent to perform certain duties; authorizes the seller to retain a licensed attorney in this state to represent the seller's interests in such transaction; prohibits the designated settlement agent from collecting certain transaction-related fees from a represented seller without consent of the seller's attorney. - Amends TCA Title 56, Chapter 35 and Title 66.

Sponsor
Jody Barrett (R-TN)
Introduced
2025-01-13
Policy area
Finance and Financial Sector
Latest action
P2C held on desk, pending appointment of Standing Committees

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