The Tennessee Excess Sale Proceeds Information Sheet is a document created by the Tennessee Department of Environment and Conservation (DEC) to provide information and instructions about the excess sale proceeds of a real estate sale in Tennessee. This document contains a brief summary of the procedures and regulations regarding the sale of real estate in the state of Tennessee, as well as a description of the required forms and procedures for the sale of excess proceeds from a real estate transaction. The Tennessee Excess Sale Proceeds Information Sheet includes a breakdown of the different types of excess proceeds that may be available depending on the type of real estate transaction and the type of property being sold. Additionally, this document includes information on how to apply for the sale of excess proceeds, and the process for distributing the proceeds to the rightful owner or owners. The Tennessee Excess Sale Proceeds Information Sheet is divided into two main categories: Information for Buyers and Information for Sellers. The Information for Buyers section provides information on the proper procedures for filing an application for the sale of excess proceeds, and how to submit the necessary documents for the sale. The Information for Sellers section outlines the necessary steps to follow in order to receive the proceeds from the sale, and the process for distributing the proceeds to the rightful owner or owners. There are two types of Tennessee Excess Sale Proceeds Information Sheet: the Residential Excess Sale Proceeds Information Sheet and the Commercial Excess Sale Proceeds Information Sheet. Both documents contain similar information, however, the Residential Excess Sale Proceeds Information Sheet is tailored specifically to residential real estate transactions, while the Commercial Excess Sale Proceeds Information Sheet is tailored specifically to commercial real estate transactions.