Amends TCA Title 66, Chapter 1.
Tennessee HB0986 amends Title 66, Chapter 1 of the Tennessee Code Annotated by abolishing reverter and forfeiture provisions of unlimited duration in deeds, wills, or other documents executed more than 75 years prior to July 1, 2025. The bill affects property owners and their heirs by converting past rights vested in such documents to a fee simple absolute unless a sworn statement is filed to preserve the interest. Key provisions include the termination of reverter provisions after 75 years and the invalidation of new reverter provisions established after July 1, 2025.
Tennessee HB0986 amends Title 66, Chapter 1 of the Tennessee Code Annotated by abolishing reverter and forfeiture provisions of unlimited duration in deeds, wills, or other documents executed more than 75 years prior to July 1, 2025. The bill affects property owners and their heirs by converting past rights vested in such documents to a fee simple absolute unless a sworn statement is filed to preserve the interest. Key provisions include the termination of reverter provisions after 75 years and the invalidation of new reverter provisions established after July 1, 2025.
Track Tennessee Legislation Like a Pro
Join hundreds of professionals using LegisGo to stay ahead of legislative changes.
Instant Alerts
Get notified when bills you track move through the legislature
AI Summaries
Understand complex legislation in seconds with AI-powered analysis
Full Access
All 132 legislators, committee schedules, and voting records