The vendor of land, as each payment of the purchase money becomes due, may bring an action to enforce such vendor's lien as vendor, and may have so much of the land sold as may be necessary to pay the money then due.
Code 1858, § 3563 (deriv. Acts 1857-1858, ch. 50, § 1); Shan., § 5326; Code 1932, § 8037; T.C.A. (orig. ed.), § 64-1002.
Cross-References. Limitation of action to enforce lien, §28-2-111.
Priority of lien for improvements, §66-11-109.
Priority over employees' lien, §66-13-101.
Textbooks. Gibson's Suits in Chancery (7th ed., Inman), §§ 470, 471.
Tennessee Forms (Robinson, Ramsey and Harwell), No. 8-207.
Tennessee Jurisprudence, 24 Tenn. Juris., Vendor and Purchaser, §§ 55, 57, 74.
Law Reviews.
Tennessee and the Installment Land Contract: A Viable Alternative to the Deed of Trust, 21 Mem. St. U.L. Rev. 551 (1991).