Tennessee § 29-27-208 Sale of life estate

Tennessee Statutes

§ 29-27-208 — Sale of life estate

Tennessee § 29-27-208

Title29

This text of Tennessee § 29-27-208 (Sale of life estate) 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. § 29-27-208 (2026).

Text

(a)The court may, with the assent of the person entitled to an estate for life, to the whole or any part of the premises, who is a party to the proceedings, sell such estate with the rest.

(b)(1) If such person is incapable of giving assent, the court may determine, under all the circumstances, and taking into view the interest of all the parties, whether such estate ought to be excepted from the sale, or sold.

(2)If the person entitled to any such estate for life be unknown, the court may determine whether the estate shall be sold or not, as in the case of persons under disability, and, in the event of sale, make such order for the protection of the rights of such person in the same manner, as far as may be, as if the person were known and had appeared.

(c)When such interest is sold,

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(a) The court may, with the assent of the person entitled to an estate for life, to the whole or any part of the premises, who is a party to the proceedings, sell such estate with the rest. (b) (1) If such person is incapable of giving assent, the court may determine, under all the circumstances, and taking into view the interest of all the parties, whether such estate ought to be excepted from the sale, or sold. (2) If the person entitled to any such estate for life be unknown, the court may determine whether the estate shall be sold or not, as in the case of persons under disability, and, in the event of sale, make such order for the protection of the rights of such person in the same manner, as far as may be, as if the person were known and had appeared. (c) When such interest is sold, the value thereof may be ascertained and paid over in gross, or the proper proportion of the fund invested, and the income paid over to the party during the continuance of the estate.

Legislative History

Code 1858, §§ 3305-3308 (deriv. Acts 1855-1856, ch. 164, § 2); Shan., §§ 5054-5057; Code 1932, §§ 9209-9212; Acts 1976, ch. 529, §§ 9, 10; T.C.A. (orig. ed.), §§ 23-2135 -- 23-2137.