Tennessee · 114 session · senate
SB 285Real 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
- Signed into law
- Latest action
- — Assigned to General Subcommittee of Senate Judiciary Committee
- Primary sponsor
- Bailey
- Real Property
Sponsors
- Bailey · primaryprimary
Effective dates
What law changes on each date. Different sections can land on different dates.
- July 1, 2025In effect1 section
Extracted from the latest version's text.