38 chapters · 731 sections in this title.
Tenn. Code Ann. § 66-27-116 Prorated expenses and taxes — Lien
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The sale or conveyance of an apartment shall in all cases be subject to all unpaid assessments against the owner thereof for such owner's pro rata share in the expenses to which § 66-27-114 refers and, if the same are not paid by the owner thereof prior to sale or conveyance, sha…
Tenn. Code Ann. § 66-27-117 Building insurance
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The co-owners may, upon resolution of a majority, insure the building against risks, without prejudice to the right of each co-owner to insure such co-owner's apartment on such co-owner's own account and for co-owner's own benefit.
Tenn. Code Ann. § 66-27-118 Reconstruction of damaged building
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(a) In case of fire or any other disaster, the insurance indemnity shall, except as provided in subsection (b), be applied to reconstruct the building. (b) Reconstruction shall not be compulsory where it comprises the whole or more than two-thirds (⅔) of the building. In such cas…
Tenn. Code Ann. § 66-27-119 Costs of reconstruction
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(a) Where the building is not insured or where the insurance indemnity is insufficient to cover the cost of reconstruction, the new building costs shall be paid by all the co-owners directly affected by the damage, in proportion to the value of their respective apartments, or as …