Taxes, Real Property - As enacted, makes applicable to Coffee County, present law that provides that whenever Hardeman County or Cumberland County acquires property at a tax sale, a nongovernmental entity holding a vested and duly recorded contractual right to the payment of fees or assessments secured by such property retains such right; makes applicable to Coffee County, present law that limits such nongovernmental entity to only enforce such contractual rights against the applicable county through the exercise of its lien rights; provided, however, that the applicable county is liable for the payment of the fees and assessments if the county makes actual use of the property. - Amends TCA Title 29, Chapter 20 and Title 67, Chapter 5.