Chapter Definitions
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Law
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Tennessee Code
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Commercial Instruments and Transactions
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Interest on Home Loans
- Chapter Definitions
As used in this chapter, unless the context otherwise requires:
- “Home loan” means a loan which is:
- Secured by real estate owned and occupied by the borrower for family residential purposes and which may include not more than three (3) additional residential units; and
- Amortized over a period greater than one hundred eighty-one (181) months; and
- Other terms used in this chapter, but not defined in this chapter, have the same meaning given to them by § 47-14-102.
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