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Tennessee Code Title 47. Commercial Instruments and Transactions § 47-15-101

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As used in this chapter, unless the context otherwise requires:

(1) “Home loan” means a loan which is:

(A) Secured by real estate owned and occupied by the borrower for family residential purposes and which may include not more than three (3) additional residential units;  and

(B) Amortized over a period greater than one hundred eighty-one (181) months;  and

(2) Other terms used in this chapter, but not defined in this chapter, have the same meaning given to them by § 47-14-102.

Cite this article: FindLaw.com - Tennessee Code Title 47. Commercial Instruments and Transactions § 47-15-101 - last updated January 01, 2020 | https://codes.findlaw.com/tn/title-47-commercial-instruments-and-transactions/tn-code-sect-47-15-101/


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