{"data":{"id":"us-tn/tenn.-code-ann.-68-205-109","jurisdiction":"us-tn","citation":"Tenn. Code Ann. § 68-205-109","heading":"Filing and recording of notice of assessment, C-PACER lien, and assignments - Segregation of funds","body":"(a) A local government that authorizes financing through special assessments under this chapter shall: (1) File a written Notice of Assessment and C-PACER lien in the records of the office of the county register of deeds of the county in which the property is located. The notice must contain: (A) The amount of the assessment; (B) The legal description of the property; (C) The name of each property owner; (D) A copy of the written assessment contract; and (E) A reference to this section authorizing the placement of the assessment and C-PACER lien on the property; (2) File and record each C-PACER lien in the real property records of the county in which the property is located. The recording must contain: (A) The legal description of the eligible property; (B) The name of each property owner; (C) The date on which the lien was created; (D) The principal amount of the lien; and (E) The term of the lien; and (3) Record the executed assignment of the assessment agreement, notice of assignment of assessment, and C-PACER lien, or may delegate the recording to the capital provider receiving the assignment. (b) The amount of funds allotted through a program must be segregated from the calculation of the undisputed portions necessary for property tax appeals under title 67, chapter 5. Added by 2021 Tenn. Acts, ch. 138, s 1, eff. 7/1/2021.\n(a) A local government that authorizes financing through special assessments under this chapter shall: (1) File a written Notice of Assessment and C-PACER lien in the records of the office of the county register of deeds of the county in which the property is located. The notice must contain: (A) The amount of the assessment; (B) The legal description of the property; (C) The name of each property owner; (D) A copy of the written assessment contract; and (E) A reference to this section authorizing the placement of the assessment and C-PACER lien on the property; (2) File and record each C-PACER lien in the real property records of the county in which the property is located. The recording must contain: (A) The legal description of the eligible property; (B) The name of each property owner; (C) The date on which the lien was created; (D) The principal amount of the lien; and (E) The term of the lien; and (3) Record the executed assignment of the assessment agreement, notice of assignment of assessment, and C-PACER lien, or may delegate the recording to the capital provider receiving the assignment.\n(1) File a written Notice of Assessment and C-PACER lien in the records of the office of the county register of deeds of the county in which the property is located. The notice must contain: (A) The amount of the assessment; (B) The legal description of the property; (C) The name of each property owner; (D) A copy of the written assessment contract; and (E) A reference to this section authorizing the placement of the assessment and C-PACER lien on the property;\n(A) The amount of the assessment;\n(B) The legal description of the property;\n(C) The name of each property owner;\n(D) A copy of the written assessment contract; and\n(E) A reference to this section authorizing the placement of the assessment and C-PACER lien on the property;\n(2) File and record each C-PACER lien in the real property records of the county in which the property is located. The recording must contain: (A) The legal description of the eligible property; (B) The name of each property owner; (C) The date on which the lien was created; (D) The principal amount of the lien; and (E) The term of the lien; and\n(A) The legal description of the eligible property;\n(B) The name of each property owner;\n(C) The date on which the lien was created;\n(D) The principal amount of the lien; and\n(E) The term of the lien; and\n(3) Record the executed assignment of the assessment agreement, notice of assignment of assessment, and C-PACER lien, or may delegate the recording to the capital provider receiving the assignment.\n) The legal description of the eligible property;\n(B) The name of each property owner;\n(C) The date on which the lien was created;\n(D) The principal amount of the lien; and\n(E) The term of the lien; and\n(3) Record the executed assignment of the assessment agreement, notice of assignment of assessment, and C-PACER lien, or may delegate the recording to the capital provider receiving the assignment.\n(b) The amount of funds allotted through a program must be segregated from the calculation of the undisputed portions necessary for property tax appeals under title 67, chapter 5.","path":["TN Code","Title 68","Chapter 205"],"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":"5bac2efe9edb04cf3461ef7b56216e58f7629ff335332bebc4260a95638c84f8","source_id":"us-tn","stale":false,"prev":"us-tn/tenn.-code-ann.-68-205-108","next":"us-tn/tenn.-code-ann.-68-205-110"},"notice":"GroundRules: Original legal text. Not legal advice."}
