As used in this part, “equitable interest” means the right of a buyer to benefit or profit from real property after the buyer has entered into a contract for the purchase or sale of real property with a seller, but before the legal title has been transferred from the seller to the buyer.
Part definitions
Tenn. Code Ann. § 66-4-401, under Mandatory Disclosure of Buyer's Equitable Interest — Scope — Violations.
Tenn. Code Ann. § 66-4-401