This chapter shall provide for an alternative method for the acquisition and the disposition of real property owned by units of local government. This property shall include, but shall not be limited to, the following:

(1) Real property brought in by units of local government at delinquent tax sales;
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Terms Used In Tennessee Code 7-66-103

  • Property: includes both personal and real property. See Tennessee Code 1-3-105
  • Real property: Land, and all immovable fixtures erected on, growing on, or affixed to the land.
  • real property: include lands, tenements and hereditaments, and all rights thereto and interests therein, equitable as well as legal. See Tennessee Code 1-3-105
  • State: when applied to the different parts of the United States, includes the District of Columbia and the several territories of the United States. See Tennessee Code 1-3-105
(2) Other real property purchased by units of local government;
(3) Real property made available by other local, state or federal governmental agencies; and
(4) Real property made available to the local units of government by a private party.
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