Amends TCA Title 4; Title 5; Title 6; Title 7; Title 13; Title 47; Title 48; Title 61 and Title 66.
Tennessee SB1693 requires corporations, limited liability companies, limited partnerships, and limited liability partnerships that purchase or acquire residential rental properties in the state to register those properties with the Secretary of State. This bill affects entities involved in the ownership of residential rental properties. Key provisions include the mandate for registration, which aims to enhance transparency in property ownership.
Tennessee SB1693 requires corporations, limited liability companies, limited partnerships, and limited liability partnerships that purchase or acquire residential rental properties in the state to register those properties with the Secretary of State. This bill affects entities involved in the ownership of residential rental properties. Key provisions include the mandate for registration, which aims to enhance transparency in property ownership.
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