Real Estate Law Section

The section monitors, studies and proposes statutory developments in property law and keeps its membership updated by sending periodic e-newsletters. It also produces annual CLE programming for real estate lawyers and others.

Real Estate Law Leadership

Chair
Brooks Smith
Bradley Arant Boult Cummings LLP
P. O. Box 340025
Nashville, TN 37203
See map: Google Maps
brooks.smith@babc.com
(615)252-2344
Immediate Past Chair
Kelley Hinsley
Kelley Hinsley Attorney
518 W 3rd North St
Morristown, TN 37814
See map: Google Maps
kelley@khinsleylaw.com
(423)587-1131

Real Estate Law News

Feds Release Rules to Curb Risky Mortgages

By Stacey Shrader ... on Thu, 01/10/2013 - 5:04pm

Federal regulators at the Consumer Financial Protection Bureau unveiled new rules today aimed at ensuring that mortgage borrowers can afford to repay loans they take out, reports the Memphis Daily News. The regulations impose a range of obligations and restrictions on lenders, including bans on “interest-only” and “no documentation” loans. Lenders also would be required to verify and inspect borrowers’ financial records and avoid approving debt payments totalling more than 43 percent of the borrower’s annual income.

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Annexation Trial Finally Set for August 2013

By Brittany Sims on Fri, 11/16/2012 - 4:31pm

A 2007 annexation lawsuit has finally received a court date for August 2013, the Rogersville Review reports. In 2006, the Rogersville Board of Mayor and Alderman approved an ordinance that would extend the city limits approximately 1.2. miles and annex several subdivisions and vacant land. Knoxville attorney David L. Buuck filed a lawsuit challenging the annexation early the next year. In 2011, the lawsuit was put on hold pending the outcome of a similar case by the city of Newport.

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