Tennessee Code > Title 12 > Chapter 2 > Part 5 – Sale of Surplus Public Property
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§ 12-2-501 | Disposal of real or personal property by private negotiation and sale |
Terms Used In Tennessee Code > Title 12 > Chapter 2 > Part 5 - Sale of Surplus Public Property
- Corporation: A legal entity owned by the holders of shares of stock that have been issued, and that can own, receive, and transfer property, and carry on business in its own name.
- Deed: The legal instrument used to transfer title in real property from one person to another.
- Personal property: All property that is not real property.
- Personal property: includes money, goods, chattels, things in action, and evidences of debt. See Tennessee Code 1-3-105
- Property: includes both personal and real property. 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