Tennessee Statutes
§ 13-20-609 — Subordination of mortgage to agreement with government
Tennessee § 13-20-609
JurisdictionTennessee
Title13
This text of Tennessee § 13-20-609 (Subordination of mortgage to agreement with government) is published on Counsel Stack Legal Research, covering Tennessee primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.
Bluebook
Tenn. Code Ann. § 13-20-609 (2026).
Text
The authority may agree in any mortgage made by it that such mortgage shall be subordinate to a contract for the supervision by a government of the operation of improvements thereon; in such event, any purchaser or purchasers at a sale of the property of an authority pursuant to a foreclosure of such mortgage or any other remedy in connection therewith shall obtain title subject to such contract.
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Legislative History
Acts 1935 (Ex. Sess.), ch. 20, § 22; C. Supp. 1950, § 3647.21 (Williams, § 3647.22); T.C.A. (orig. ed.), § 13-1109.
Nearby Sections
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§ 13-10-101
Chapter definitions§ 13-10-102
Functions of commissioner§ 13-10-104
Authority of commissioner to inspect property and records and conduct investigations and hearings§ 13-10-107
State financial assistance - Contingencies§ 13-10-109
Financial assistance - Approved sources§ 13-10-201
Responsibility for implementation§ 13-10-202
Financial and legal independence§ 13-10-203
Enforcement authority§ 13-10-204
Confidentiality of information§ 13-10-205
Audits and reporting§ 13-10-206
Authority to adopt policies and regulations§ 13-11-101
Short title§ 13-11-102
Purpose§ 13-11-103
Chapter definitionsCite This Page — Counsel Stack
Bluebook (online)
Tennessee § 13-20-609, Counsel Stack Legal Research, https://law.counselstack.com/statute/tn/13-20-609.