SB1908 — Real Property - As introduced, enacts the "Tennessee Private Property Vesting Rights of 2026," which entitles a property owner to just compensation from a public entity if the public entity enacts a land use regulation that has the effect of reducing the fair market value of the property. - Amends TCA Title 29, Chapter 16.

SB1908 — Real Property - As introduced, enacts the "Tennessee Private Property Vesting Rights of 2026," which entitles a property owner to just compensation from a public entity if the public entity enacts a land use regulation that has the effect of reducing the fair market value of the property. - Amends TCA Title 29, Chapter 16. · Informed CitizenryThe 'Tennessee Private Property Vesting Rights of 2026' amends the Tennessee Code to provide property owners with a right to just compensation from a public entity if a new land use regulation redu…Open in Informed Citizenry