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2021 Tennessee Code
Title 47 - Commercial Instruments and Transactions
Chapter 15 - Interest on Home Loans
§ 47-15-101. Chapter Definitions
Universal Citation:
TN Code § 47-15-101 (2021)
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This media-neutral citation is based
on the American Association of Law Libraries Universal Citation Guide and is not
necessarily the official citation.
As used in this chapter, unless the context otherwise requires:
- “Home loan” means a loan which is:
- 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
- Amortized over a period greater than one hundred eighty-one (181) months; and
- Other terms used in this chapter, but not defined in this chapter, have the same meaning given to them by § 47-14-102.
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