Amends TCA Title 66, Chapter 1.
Tennessee SB0896 abolishes reverter and forfeiture provisions of unlimited duration in deeds, wills, or other documents for common law estates executed more than 75 years prior to July 1, 2025, making them unenforceable. It affects property owners and interests in real property by converting past rights vested in deeds into fee simple absolute after 75 years unless a sworn statement is filed to preserve the right. Additionally, any reverter provisions established in documents executed on or after July 1, 2025, will be deemed invalid and unenforceable.
Tennessee SB0896 abolishes reverter and forfeiture provisions of unlimited duration in deeds, wills, or other documents for common law estates executed more than 75 years prior to July 1, 2025, making them unenforceable. It affects property owners and interests in real property by converting past rights vested in deeds into fee simple absolute after 75 years unless a sworn statement is filed to preserve the right. Additionally, any reverter provisions established in documents executed on or after July 1, 2025, will be deemed invalid and unenforceable.
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