2018 Tennessee Code
Title 66 - Property
Chapter 27 - Multiple Ownership of Property
Part 2 - Tennessee Condominium Act of 2008 -- General Provisions
§ 66-27-205. Separate titles and taxation.

Universal Citation: TN Code § 66-27-205 (2018)
  • (a) If there is any unit owner other than a declarant, each unit that has been created, together with its interest in the common elements, constitutes for all purposes a separate parcel of real estate.

  • (b) If there is any unit owner other than a declarant, each unit must be separately taxed and assessed, and no separate tax or assessment may be rendered against any common elements.

  • (c) If there is no unit owner other than a declarant, the real estate comprising the condominium may be taxed and assessed in any manner provided by law.

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