{"data":{"id":"us-tn/tenn.-code-ann.-66-30-102","jurisdiction":"us-tn","citation":"Tenn. Code Ann. § 66-30-102","heading":"Chapter definitions","body":"As used in this chapter, unless the context otherwise requires: (1) \"Obligee\" means any person or entity to whom a residential ground rent is owed, including its successors and assigns; (2) \"Obligor\" means one (1) or more individuals who are obligated to pay a residential ground rent, including their successors, sublessees or assigns; (3) \"Residential ground rent\" means a rent or charge paid for the use of land, whether or not title thereto is transferred to the user, or a lease of land, for residential purposes: (A) Which is assignable by the obligor without the obligee's consent; (B) Which is for a term in excess of fifteen (15) years, including any rights of renewal at the option of the obligor; (C) Where the obligor has a present or future right to terminate such ground rent and to acquire the entire interest of the obligee in the land by the payment of a determined or determinable amount; and (D) Where the obligee's interest in the land is primarily a security interest to protect the obligee's right to be paid the rent or charge; and (4) \"Residential purposes\" means any use of land wherein the owner and/or the occupant thereof resides, including, but not limited to, the following uses: apartments, multi-family, single-family, duplexes and condominiums. Acts 1980, ch. 735, § 1; T.C.A., § 64-3002.\nAs used in this chapter, unless the context otherwise requires:\n(1) \"Obligee\" means any person or entity to whom a residential ground rent is owed, including its successors and assigns;\n(2) \"Obligor\" means one (1) or more individuals who are obligated to pay a residential ground rent, including their successors, sublessees or assigns;\n(3) \"Residential ground rent\" means a rent or charge paid for the use of land, whether or not title thereto is transferred to the user, or a lease of land, for residential purposes: (A) Which is assignable by the obligor without the obligee's consent; (B) Which is for a term in excess of fifteen (15) years, including any rights of renewal at the option of the obligor; (C) Where the obligor has a present or future right to terminate such ground rent and to acquire the entire interest of the obligee in the land by the payment of a determined or determinable amount; and (D) Where the obligee's interest in the land is primarily a security interest to protect the obligee's right to be paid the rent or charge; and\n(A) Which is assignable by the obligor without the obligee's consent;\n(B) Which is for a term in excess of fifteen (15) years, including any rights of renewal at the option of the obligor;\n(C) Where the obligor has a present or future right to terminate such ground rent and to acquire the entire interest of the obligee in the land by the payment of a determined or determinable amount; and\n(D) Where the obligee's interest in the land is primarily a security interest to protect the obligee's right to be paid the rent or charge; and\n(4) \"Residential purposes\" means any use of land wherein the owner and/or the occupant thereof resides, including, but not limited to, the following uses: apartments, multi-family, single-family, duplexes and condominiums.","path":["TN Code","Title 66","Chapter 30"],"source_url":"https://oss-data-us.vaquill.ai/v2026.08/us_tn_statutes.parquet","current_through":"2026-08-14","vintage":"open-us-law v2026.08, retrieved 2026-09-14","retrieved_at":"2026-09-14T18:32:26Z","sha256":"5e602a2d485e969279a161d2616d3fc297ec861ebc6270e3707b2278dd49e3bc","source_id":"us-tn","stale":false,"prev":"us-tn/tenn.-code-ann.-66-30-101","next":"us-tn/tenn.-code-ann.-66-30-103"},"notice":"GroundRules: Original legal text. Not legal advice."}