Real Estate in Tennessee

People who may not understand a lot about the prospect of selling real estate in Tennessee probably don’t realize that when you sale property you must also disclose a great many factors about the house in question.  These can include everything from structural damage and sewage conditions to the potential for hazardous materials on the property.  However, there are some exemptions to these disclosures.  You are not required to release this information in instances of inheritance, public auctions, foreclosure sales, transfers between co-owners or spouses, transfers dealing with the government, or sales in which the person has not resided in the residence for at least three years prior to the sale.  This is important to know if you are considering buying a house under these circumstances as you will not be privy to such a legal disclosure that might protect you.

Errors in Deeds

Sometimes when you are purchasing real estate in Tennessee there may be a mistake which could be made in the conveyance of the title.  It may not seem like a huge problem if a name is wrongly placed in the deed or if the exact layout of the land is off by a few feet, but there could be a huge potential for other legal problems down the road if these are not corrected.  If you find that there is an error that was made during the transfer of property, then you can petition the circuit court in the county where the land is located.  When you do so you will need to list the exact mistakes or errors in the deed, and any other problems which may have arisen from this.

Solar Access Law

For people who are considering purchasing real estate in Tennessee the Solar Access Law of 1979 could be a consideration.  The law states that Tennessee recognizes the fact that solar energy may become more and more prevalent as a means of energy that could help reduce dependency on natural resources.  As such, they worked out the law to help guarantee individuals and businesses that those who wanted to own a solar energy system would have an easement to do so where the shadows of other buildings would not get in the way.  This practice of solar energy easements has also been put into consideration in several zoning laws in the state.

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