HB3133 - Tennessee - Real Property

Companion Bill SB3251. Real Property - Defines "foreclosure consultant"; requires foreclosure consultants to provide homeowners with certain contracts. - Amends TCA Title 45 and Title 47. Fiscal Summary for *HB3133 / SB3251 Increase State Revenue - Exceeds $50,000 Increase State Expenditures - $293,800 Bill Summary for *HB3133 / SB3251 This bill imposes various requirements on persons who provide foreclosure consulting services. This bill also imposes certain requirements on foreclosure reconveyances and foreclosure surplus acquisitions. FORECLOSURE CONSULTANTS AND FORECLOSURE CONSULTING SERVICES For purposes of this bill, a foreclosure consultant is any person who solicits a homeowner with an offer to perform any foreclosure consulting service. Any person who systematically contacts owners of property that court [...]

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