Tennessee § 66-33-103 Service agreements

Tennessee Statutes

§ 66-33-103 — Service agreements

Tennessee § 66-33-103

Title66

This text of Tennessee § 66-33-103 (Service agreements) 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. § 66-33-103 (2026).

Text

(a)The general assembly finds and declares that:

(1)The public policy of this state favors the transferability of interests in real property free from unreasonable restraints on alienation and covenants or servitudes that do not touch and concern the property; and (2) A recorded service agreement violates this public policy by impairing the marketability of title to the affected real property and constitutes an unreasonable restraint on alienation, regardless of the duration of the contract or the amount of the consideration set forth in the agreement.

(b)A recorded service agreement is void and unenforceable under this chapter if the agreement:

(1)Purports to run with the land or to be binding on future owners of interests in the real property;

(2)Allows for assignment of the right t

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(a) The general assembly finds and declares that: (1) The public policy of this state favors the transferability of interests in real property free from unreasonable restraints on alienation and covenants or servitudes that do not touch and concern the property; and (2) A recorded service agreement violates this public policy by impairing the marketability of title to the affected real property and constitutes an unreasonable restraint on alienation, regardless of the duration of the contract or the amount of the consideration set forth in the agreement. (b) A recorded service agreement is void and unenforceable under this chapter if the agreement: (1) Purports to run with the land or to be binding on future owners of interests in the real property; (2) Allows for assignment of the right to provide services without notice to and the consent of the owner of residential real estate; or (3) Purports to create a lien, encumbrance, or other real property security interest. (c) This chapter does not impair: (1) The rights granted or applied involving a mechanic's or materialmen's lien under title 66, chapter 11; (2) The furnishing of a loan or other thing of value to be secured by real property as otherwise provided by law; (3) An agreement entered into by a nonprofit, mandatory membership organization comprised of owners of homes, condominiums, cooperatives, or manufactured homes; or (4) Any interest in real property created pursuant to a declaration, covenant, or other applicable law, pertaining to the oversight or management of real property.