Tenn. Code § 67-5-2505

Current through Acts 2023-2024, ch. 1069
Section 67-5-2505 - Lien rights of non-governmental entity when property bought by county with population of not less than 25,400 or not more than 61,200 at tax sale
(a) Whenever a county acquires property at a tax sale, a nongovernmental entity holding a vested and duly recorded contractual right to the payment of fees or assessments secured by such property retains such right; provided, that the nongovernmental entity may only enforce such contractual rights against the county through the exercise of its lien rights against the property.
(b) Notwithstanding subsection (a), a county is liable for the payment of the fees and assessments described in subsection (a) if the county makes actual use of the property purchased at the tax sale.
(c) This section applies only in counties having populations according to the 2020 federal census or a subsequent federal census of:

not less than

nor more than

25,400....................

25,500

57,800....................

57,900

61,100....................

61,200

T.C.A. § 67-5-2505

Amended by 2024 Tenn. Acts, ch. 717,s 1, eff. 4/16/2024.
Amended by 2023 Tenn. Acts, ch. 245, s 1, eff. 4/25/2023.
Repealed by 2014 Tenn. Acts, ch. 883, s 12, eff. 7/1/2014.
Acts 1923, ch. 77, § 8; 1929, ch. 136, § 1; Shan. Supp. 913b17; mod. Code 1932, §§ 1592, 1605-1608; impl. am. Acts 1935, ch. 114, § 1; Acts 1947, ch. 255, § 5; C. Supp. 1950, §§ 1591.1, 1607 (Williams, §§ 1601.1, 1607, 1613.16-1613.20); impl. am. Acts 1959, ch. 9, §§ 3, 14; impl. am. Acts 1961, ch. 97, § 3; T.C.A. (orig. ed.), §§ 67-2027 -- 67-2032.