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.
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Where it stands
Introduced
2Passed Senate
3Passed House
4To Governor
5Became Law
Looking ahead
No hearings or votes scheduled.
History
2025
Mar 24Assigned to General Subcommittee of Senate Judiciary CommitteeLatest
Mar 19Placed on Senate Judiciary Committee calendar for 3/24/2025
Mar 11Action deferred in Senate Judiciary Committee to 3/25/2025
Mar 5Placed on Senate Judiciary Committee calendar for 3/11/2025
Feb 10Passed on Second Consideration, refer to Senate Judiciary CommitteeMinor
Jan 27Introduced, Passed on First ConsiderationMinor