Tennessee SB 847: Real Property - As introduced, requires a seller of residential real property to disclose to the buyer the name and address of the fire department that provides services to the property or that no fire department provides such services, and the cost to obtain such services beyond the payment of property taxes; requires proof of disclosure at or before the closing. - Amends TCA Title 56, Chapter 35; Title 62, Chapter 13 and Title 66.

Bill Text

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HOUSE BILL 612
By Kane

SENATE BILL 847
By Briggs

AN ACT to amend Tennessee Code Annotated, Title 56,
Chapter 35; Title 62, Chapter 13 and Title 66,
relative to disclosure of an entity providing
services to real property.

BE IT ENACTED BY THE GENERAL ASSEMBLY OF THE STATE OF TENNESSEE:
SECTION 1. Tennessee Code Annotated, Title 66, Chapter 5, Part 2, is amended by
adding the following as a new section:
66-5-214.
In addition to any other disclosure required by this part, the seller shall, prior to
entering into a contract with a buyer, disclose in the contract itself or in writing, including
acknowledgment of receipt:
(1) The name and address of the fire department that provides fire
protection services to the property or that no fire department provides such
services to the property. The seller may rely on the fire department designated
as providing services to the property according to information provided by the
state fire marshal's office; and
(2) The cost to obtain services from the fire department that provides
services to the property, if any, as of the date of disclosure if the cost requires
any additional payment beyond the payment of applicable property taxes.
SECTION 2. Tennessee Code Annotated, Title 56, Chapter 35, Part 1, is amended by
adding the following as a new section:
In connection with any transaction involving the purchase or sale of a fee simple
possessory interest in residential real property in this state, the person conducting or
handling the settlement, at or before the closing of settlement and disbursement of any

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funds, must obtain from the purchaser a statement in writing that the purchaser has
received a disclosure from the seller in accordance with § 66-5-214.
SECTION 3. This act shall take effect July 1, 2017, the public welfare requiring it, and
shall apply to contracts entered into for the sale of real property on or after that date.