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38 chapters · 731 sections in this title.
Tenn. Code Ann. § 66-30-101 Short title
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This chapter shall be known and may be cited as the “Tennessee Residential Ground Rent Act.”
Tenn. Code Ann. § 66-30-102 Chapter definitions
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(1) As used in this chapter, unless the context otherwise requires:(1) “Obligee” means any person or entity to whom a residential ground rent is owed, including its successors and assigns;(2) “Obligor” means one (1) or more individuals who are obligated to pay a residential groun…
Tenn. Code Ann. § 66-30-103 Form and contents of agreements
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(1) In any case where a residential ground rent is created, the agreement therefor shall:(1) Be reduced to writing;(2) Be in recordable form;(3) Disclose the date, the names of the parties, the ground rent and any future adjustments to it, when such rent is payable, the duration …
Tenn. Code Ann. § 66-30-104 Lien against real estate
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A residential ground rent shall constitute a lien against the real estate from the time it is recorded, in a like manner as would a deed of trust or mortgage. Any deed of trust or mortgage on the interest of the obligor in the real estate may provide that a default in payment of …
