Tennessee § 54-12-418 Sale for cash subject to redemption within two years - Manner of redemption

Tennessee Statutes

§ 54-12-418 — Sale for cash subject to redemption within two years - Manner of redemption

Tennessee § 54-12-418

Title54

This text of Tennessee § 54-12-418 (Sale for cash subject to redemption within two years - Manner of redemption) 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. § 54-12-418 (2026).

Text

When the sale is made by decree of the chancery court, it shall be made for cash, and the owners of land sold shall have two (2) years from the date of the confirmation of the sale in which to redeem the land, by paying to the clerk and master of the court making the sale, the amount paid by the purchaser for the land, with legal interest on the amount to the date of redemption, and also a further sum equal to ten percent (10%) of the amount paid by the purchaser for the land.

Free access — add to your briefcase to read the full text and ask questions with AI

When the sale is made by decree of the chancery court, it shall be made for cash, and the owners of land sold shall have two (2) years from the date of the confirmation of the sale in which to redeem the land, by paying to the clerk and master of the court making the sale, the amount paid by the purchaser for the land, with legal interest on the amount to the date of redemption, and also a further sum equal to ten percent (10%) of the amount paid by the purchaser for the land.