2008 Tennessee Condominium Act

Below are several link to documents that offer explanation to the creation of the Tennessee Condominium Act which has been submitted by the Tennessee Bar Association. The law firm of Farrar and Bates have reviewed the new law and have made several clarifying suggestions. If you have any questions or concerns with this legislation please contact Russ Farrar or J. Bucy with TAR.

From the Tennessee Bar Association's Cover Memo:

"Submitted herewith for your consideration is proposed legislation creating the "Tennessee Condominium Act." This legislation is intended to rewrite and to replace in its entirety the Tennessee Horizontal Property Act, TENN. CODE ANN. §§ 66-27-101 et seq. (the “THPA”) which has governed the creation and administration of condominiums in the State of Tennessee since its adoption in 1963, at a time when condominiums were just beginning to appear in Tennessee and its neighboring states.

Since that time, the number of condominiums being built, and the types of residential and commercial projects which are being submitted to the condominium form of ownership, is exploding. This growth has led to a growing realization of the inadequacies of the THPA in today's real estate development environment.

Prior to 2005, these inadequacies became a recurring theme at meetings of the TBA's Real Estate Committee and its Executive Council."

Condominium Act - SB2935
Condominum Law Revision Subcommittee Memorandum
2008 Tennessee Condominium Act Suggested Changes
Tennessee Bar Association - TN Condominum Law Summary