Tennessee Code 66-25-104 – Right to forfeiture not lost by transfer of property
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Terms Used In Tennessee Code 66-25-104
- Deed: The legal instrument used to transfer title in real property from one person to another.
- Lien: A claim against real or personal property in satisfaction of a debt.
- Mortgage: The written agreement pledging property to a creditor as collateral for a loan.
- Property: includes both personal and real property. See Tennessee Code 1-3-105
The right of action for forfeiture provided by §§ 66-25-102 and 66-25-103 shall be considered as a personal right, and shall not be lost or waived by the sale of the property covered by the mortgage, or deed of trust, or other lien before a demand was made for a release on the records.