FinancingMEDIUM
Foreclosure in Tennessee is typically:
Correct Answer
B) Non-judicial through power of sale
Tennessee allows non-judicial foreclosure through power of sale provisions in deeds of trust.
Answer Options
A
Judicial onlyB
Non-judicial through power of saleC
Strict foreclosureD
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Related Topics & Key Terms
Related Topics:
deed-of-trust-vs-mortgageforeclosure-procedures-by-statepower-of-sale-clausesredemption-periods
Key Terms:
non-judicial foreclosurepower of saledeed of trustT.C.A. § 35-5-101trustee's sale
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