HB0700 - Tennessee: Consumer Protection, Real Estate Agents And Brokers, Real Property

Companion Bill SB1205. Consumer Protection - Specifies that the limitation on selling a residence with more bedrooms than are permitted by the sewage disposal system permit applies only to new construction, and specifies that real estate agents violate the statute only if they have actual, not constructive, knowledge of the violation. - Amends TCA Title 47, Chapter 18 and Title 66, Chapter 5. Fiscal Summary for *HB0700 / SB1205Decrease State Revenues - Not Significant Decrease State Expenditures - Not Significant Bill Summary for *HB0700 / SB1205 Under present law, it is a violation of the Consumer Protection Act, which is a Class B misdemeanor, to knowingly advertise or market for sale a residence as having more bedrooms than are permitted by the residence's subsurface sewage disposal system permit, unless, prior to the execution of any sales [...]

show full description