Tennessee Statutes

§ 29-27-309 — Considerations for partition in kind

Tennessee·Title 29
(a)In determining whether partition in kind would result in great prejudice to the cotenants as a group pursuant to § 29-27-308(a) , the court may consider the following:
(1)Whether the heirs property practicably can be divided among the cotenants;
(2)Whether partition in kind would apportion the property in such a way that the aggregate fair market value of the parcels resulting from the division would be materially less than the value of the property if it were sold as a whole, taking into account the condition under which a court-ordered sale likely would occur;
(3)Evidence of the collective duration of ownership or possession of the property by a cotenant and one (1) or more predecessors in title or predecessors in possession to the cotenant who are or were relatives of the cotenan

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Tennessee § 29-27-309 (Considerations for partition in kind) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.

Legislative History

Added by 2022 Tenn. Acts, ch. 1109, s 1, eff. 7/1/2022.

Nearby Sections

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