Tennessee Code Title 55. Motor and Other Vehicles § 55-31-306

(a) A demolisher who purchases or otherwise acquires a motor vehicle for purposes of wrecking, dismantling, or demolition is not required to obtain a certificate of title for the motor vehicle in the demolisher's name.  After the motor vehicle has been demolished, processed, or changed so that it physically is no longer a motor vehicle, the demolisher shall make the required notification to the National Motor Vehicle Title Information System and surrender for cancelation the certificate of title or auction sales receipt.  The department of revenue taxpayer and vehicle services division shall issue forms and rules governing the surrender of auction sales receipts and certificates of title as are appropriate.

(b) A demolisher shall keep an accurate and complete record of all motor vehicles purchased or received in the course of the demolisher's business.  The records must contain the name and address of the person from whom each motor vehicle was purchased or received, the date when the purchase or receipt occurred, and the date reported to the National Motor Vehicle Title Information System.  The demolisher shall make the records open for inspection by any law enforcement agency at any time during normal business hours.  A record required by this section must be kept by the demolisher for at least one (1) year after the date of the transaction to which it applies.