Real Estate Laws in Tennessee.

Tennessee permits nonjudicial foreclosure where the deed of trust contains a power-of-sale clause. Requires Notice of Sale published 3 consecutive weeks and notice to debtor. Sale by trustee at the courthouse. Typical timeline 30-45 days after initial notice — among the fastest in the U.S.

Tennessee does not provide a statutory post-sale redemption period by default. A redemption right exists only if not waived in the deed of trust (and virtually all modern deeds of trust waive it). Borrower must cure before the sale.

Sellers of residential real property must provide a detailed Residential Property Disclosure Statement covering structural, systems, environmental, and other material conditions.

Homestead protects up to $5,000 of equity ($7,500 for one spouse 62+, $25,000 for 62+ low-income). Among the lowest homestead exemptions in the U.S.

Contractors, subcontractors, and suppliers may file mechanics' liens against improved real property. Filing deadline: 90 days from last furnishing.

Tennessee is a race-notice state.