Insurance Companies, Agents, Brokers, Policies - As enacted, requires title insurance agencies that separately represent the buyer and seller in a real estate transaction and agree to an arrangement to share the title insurance premiums, commissions, or other fees paid by the buyer and seller, to provide written notice to the buyer and seller of such sharing arrangement and to receive signed, written acknowledgement from the buyer and seller confirming that they were so notified in writing; makes other related changes. - Amends TCA Title 56, Chapter 35 and Title 66.

HB 569 gives home buyers and borrowers in Tennessee the exclusive right to select their own closing agent (a company handling real estate transaction paperwork and funds) for property sales or loans. It prohibits sellers from forcing buyers to use a specific closing agent or tying contracts to such choices. Sellers may hire their own licensed attorney to represent them during closing - covering fee negotiations, document review, and deed preparation - but the chosen closing agent cannot charge the seller for services without the attorney’s written consent. The law applies to all Tennessee real estate transactions and takes effect July 1, 2025.