Tennessee SB 285: Real Property - As introduced, changes from a preponderance of the evidence to clear and convincing evidence the burden of proof for a debtor to prove that property sold at a foreclosure sale for an amount materially less than the fair market value in order to rebut the presumption that the foreclosure sale price of the property was equal to the fair market value at the time of sale. - Amends TCA Title 35.

Status: Assigned to General Subcommittee of Senate Judiciary Committee (as of 2025-03-24)

State: Tennessee · Session: 114 · Bill: SB 285

Subjects: Real Property

Sponsors: Bailey

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