Private Acts of 1963 Chapter 108

SECTION 1.  That in counties having a population not less than 25,000 nor more than 25,550 according to the Federal Census of 1960 or any subsequent Federal Census, there is hereby devised a more efficient method of assessing the taxable property in such counties for State and County purposes.

SECTION 2.  That every conveyance in writing of real property, located within the county, excepting mortgages and deeds of trust, shall be presented to the Tax Assessor or the duly authorized deputy Tax Assessor of such counties wherein said property is located, for notation of the change or changes in ownership occasioned by said conveyance.  Upon presentment, it shall be the duty of the Tax Assessor or Deputy Tax Assessor to note the information, as outlined herein, in a well bound book to be furnished by said counties.  Said book shall show the names of the grantors or lessors; the names of the grantee or lessees; the number of acres or town lots conveyed; the civil district in which such property is located; the consideration paid; whether there are buildings, dwellings or other improvements on said property; whether the number of acres or lots conveyed be all or a portion of the property previously assessed in the name of the grantors or lessors thereof; the general boundaries of said property as fixed by the designation of adjacent owners of said property; and under the title, "Remarks," show such other information as will enable the County Tax Assessor or Deputy Tax Assessor to keep current records of his office to the end that all real estate shall be assessed for taxation in the name of the true owner or in the name of the person or persons responsible for the payments of the taxes.

SECTION 3.  That no conveyance in writing of real property except mortgages and deeds of trust, shall be recorded by the Register of any County under this Act for registration unless it bears a stamp or notation evidencing that such conveyance has been presented to the Tax Assessor or Deputy Tax Assessor, noted thereon.

SECTION 4.  That mortgages, deeds of trust, or other like instruments are specifically exempt from the provisions of this Act.

SECTION 5.  That if at any time the Tax Assessor or his Deputy should not be available, in that event, the Register may receive and note such instruments but the same shall not be recorded and released from Registry until the provisions of this Act shall have been complied with.

SECTION 6.  That the failure of any Tax Assessor, Deputy Tax Assessor or Register to comply with the provisions of this Act shall constitute a misdemeanor in office and subject them to a fine of not less than $25.00 nor more than $50.00 for each offense.

SECTION 7.  That in the event any section or part of any section of this Act shall be held invalid the remainder of the Act shall not be invalidated but shall remain in full force and effect.

SECTION 8.  That all laws or parts of laws in conflict with this Act be and the same are hereby repealed.

SECTION 9.  That this Act shall become effective when the same shall have been approved by the Quarterly County Court of any county to which it may apply by a vote of not less than two-thirds (2/3) of the members of said Court, such approval to be made within six (6) months after the sine die adjournment of the General Assembly of the State of Tennessee for the year 1963, the public welfare requiring its becoming effective at the time, and not before such approval.  The approval or non-approval of this Act by said Quarterly County Court shall be certified by the presiding officer of the Franklin County Quarterly Court to the Secretary of State.

Passed:  March 11, 1963.