Amends TCA Title 4; Title 5; Title 6; Title 7; Title 13; Title 47; Title 48; Title 61 and Title 66.
Tennessee HB1703 requires corporations, limited liability companies, limited partnerships, and limited liability partnerships that purchase or acquire residential rental property in the state to register the property with the Secretary of State. This bill affects business entities involved in the acquisition of residential rental properties. Key provisions include the mandatory registration process aimed at increasing transparency in property ownership.
Tennessee HB1703 requires corporations, limited liability companies, limited partnerships, and limited liability partnerships that purchase or acquire residential rental property in the state to register the property with the Secretary of State. This bill affects business entities involved in the acquisition of residential rental properties. Key provisions include the mandatory registration process aimed at increasing transparency in property ownership.
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