Senate Bill 727, sponsored by Lowe, amends Tennessee Code Annotated, specifically Section 35-5-114(d), which pertains to foreclosure notices. The bill changes the required notice period from "ten (10) business days prior" to "twelve (12) business days prior" to a foreclosure sale.

This adjustment aims to provide additional time for property owners to respond to foreclosure notices, thereby potentially offering them a better opportunity to address their financial situations before the sale occurs. The act is set to take effect immediately upon becoming law, emphasizing the importance of public welfare in this legislative change.

Statutes affected:
Introduced: 35-5-114(d), 35-5-114