A disclaimer deed is a deed in which a spouse disclaims any interest in the real property acquired by the other spouse. A mortgage company often asks a borrower to sign a disclaimer deed so that his spouse not having her name on the loan, cannot claim any interest in the property.
Tennessee Disclaimer Deed
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Multi-State
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US-01994BG
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Word;
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Section 35-15-813 - Duty to inform and report (a) (1) A trustee shall keep the beneficiaries of the trust who are current mandatory or permissible distributees of trust income or principal, or both, reasonably informed about the administration of the trust and of the material facts necessary for them to protect their ...
Code § 35-15-114. Section 35-15-114 - Real property in trust (a) An estate in real property may be acquired in the name of the trust or in the name of the trustee on behalf of the named trust, and title to real property conveyed by the trust must be conveyed by the trustee, as trustee of the trust.
A) The survivorship interest which typically would arise in a joint tenancy under common law is not recognized in Tennessee.
Joint Ownership & Rights of Survivorship Unfortunately, Tennessee does not allow transfer-on-death deeds, a popular tool used to efficiently distribute real property in other states.
(f) In any dispute relating to the immunity of trust property from the claims of a separate creditor of a husband or wife, the trustee has the burden of proving the immunity of the trust property from the creditor's claims.
Canceling a Timeshare in Tennessee Tennessee timeshare law 66-32-114 declares that both the purchaser and seller have a mutual right to cancel a timeshare contract. The right of rescission for the purchaser is up to 15 days if the purchaser has not toured the property prior to executing the contract.
TCA 39-13-111 defines Domestic Assault. A person commits domestic assault who commits an assault as defined in § 39-13-101 against a domestic abuse victim. (3) Intentionally or knowingly causes physical contact with another and a reasonable person would regard the contact as extremely offensive or provocative.
May disclaim all or part of the property, powers or interest in property as provided in this section. The disclaimer may be made by the person's personal representative, trustee, guardian, conservator, attorney in fact or parent having custody if the disclaimant is a minor and no legal guardian has been appointed.