House Bill 734 amends Tennessee Code Annotated, specifically Section 28-3-202, to establish a new timeline for bringing actions related to deficiencies in real property improvements. The bill stipulates that all actions, arbitrations, or binding dispute resolution proceedings aimed at recovering damages for deficiencies in design, planning, supervision, or construction must be initiated within four years after the substantial completion of the improvement. This provision applies to claims for property damage, personal injury, or wrongful death arising from such deficiencies, with the exception of actions brought under Section 28-1-114(a).

The bill will take effect on July 1, 2025, emphasizing the need for timely resolution of disputes related to real property improvements. The changes aim to clarify the timeframe for legal actions, thereby potentially reducing prolonged disputes and providing a clearer framework for those involved in real estate and construction.

Statutes affected:
Introduced: 28-3-202