Tennessee Code 66-3-104 – Conveyance by general warranty deed with knowledge of existing liens – Conveyance with knowledge of lack of legal or equitable interest to convey
Current as of: 2024 | Check for updates
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Attorney's Note
Under the Tennessee Code, punishments for crimes depend on the classification. In the case of this section:| Class | Prison | Fine |
|---|---|---|
| class E felony | 1 to 6 years | up to $3,000 |
| class A misdemeanor | up to 11 months | up to $2,500 |
Terms Used In Tennessee Code 66-3-104
- Deed: The legal instrument used to transfer title in real property from one person to another.
- Devise: To gift property by will.
- Equitable: Pertaining to civil suits in "equity" rather than in "law." In English legal history, the courts of "law" could order the payment of damages and could afford no other remedy. See damages. A separate court of "equity" could order someone to do something or to cease to do something. See, e.g., injunction. In American jurisprudence, the federal courts have both legal and equitable power, but the distinction is still an important one. For example, a trial by jury is normally available in "law" cases but not in "equity" cases. Source: U.S. Courts
- Grantor: The person who establishes a trust and places property into it.
- Person: includes a corporation, firm, company or association. See Tennessee Code 1-3-105