Tennessee Statutes

§ 26-5-115 — Minimum acceptable price for property sold

Tennessee § 26-5-115

This text of Tennessee § 26-5-115 (Minimum acceptable price for property sold) 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. § 26-5-115 (2026).

Text

The sheriff of each county in the state of Tennessee is hereby authorized to set a minimum acceptable price for every item, of property, both personal and real, to be sold at any sheriff's sale in the state provided such price shall be equal to or greater than fifty percent (50%) of the fair market value.

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Legislative History

Acts 1978, ch. 808, § 1; T.C.A., § 26-725.

Nearby Sections

15
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Bluebook (online)
Tennessee § 26-5-115, Counsel Stack Legal Research, https://law.counselstack.com/statute/tn/26-5-115.