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34 chapters · 1,335 sections in this title.
Tenn. Code Ann. § 47-32-101 Short title
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This chapter shall be known and may be cited as the “Residential Closing Funds Distribution Act of 2005.”
Tenn. Code Ann. § 47-32-102 Chapter definitions
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(1) As used in this chapter, unless the context otherwise requires:(1) “Agricultural land” means land used for agriculture, as defined in § 1-3-105;(2) “Commercial real estate,” for purposes of this chapter only, means any real estate used for any business purpose, including one …
Tenn. Code Ann. § 47-32-103 Application
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(a) This chapter applies to transactions involving loans made by mortgage lenders utilizing settlement agents, which loans shall be secured by deeds of trust or mortgages on real estate, on the following:(1) Dwellings containing not more than four (4) residential units, regardles…
Tenn. Code Ann. § 47-32-104 Disbursement of loan funds to settlement agent
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(a) A mortgage lender, mortgage loan broker, mortgage loan servicer, or other person shall, at or before loan closing, cause disbursement of loan funds, in one (1) of the forms identified in § 47-32-102(3), to the settlement agent. (b) In any transaction in which the borrower may…
