HB871 — Real Property - As enacted, adds requirements for declarant access to and use of deposits made in connection with the purchase or reservation of a condominium unit; makes other similar changes. - Amends TCA Title 66.

HB871 — Real Property - As enacted, adds requirements for declarant access to and use of deposits made in connection with the purchase or reservation of a condominium unit; makes other similar changes. - Amends TCA Title 66. · Informed CitizenryThe bill amends Tennessee Code Annotated (TCA) Title 66 by adding a new subsection to SECTION 1(c). This provision states that a third-party lender is not liable for the use or return of deposits d…Open in Informed Citizenry