HB137 — Insurance Companies, Agents, Brokers, Policies - As introduced, authorizes a purchaser or borrower in a real property transaction to select the settlement agent to perform certain duties; authorizes the seller to retain a licensed attorney in this state to represent the seller's interests in such transaction; prohibits the designated settlement agent from collecting certain transaction-related fees from a represented seller without consent of the seller's attorney. - Amends TCA Title 56, Chapter 35 and Title 66.

HB137 — Insurance Companies, Agents, Brokers, Policies - As introduced, authorizes a purchaser or borrower in a real property transaction to select the settlement agent to perform certain duties; authorizes the seller to retain a licensed attorney in this state to represent the seller's interests in such transaction; prohibits the designated settlement agent from collecting certain transaction-related fees from a represented seller without consent of the seller's attorney. - Amends TCA Title 56, Chapter 35 and Title 66. · Informed CitizenryHB137 amends Tennessee Code to grant a purchaser or borrower in a real property transaction the exclusive right to select the settlement agent for the transaction, subject to any approval rights he…Open in Informed Citizenry