Any debtor whose interest in real estate has been so sold, and is subject to redemption, may redeem the interest by paying to the purchaser, or to anyone claiming under the purchaser, the amount bid or paid by the purchaser, with interest thereon at the current composite prime rate as published by the federal reserve board as of the date of purchase per annum, together with all other lawful charges.
Code 1858, § 2126 (deriv. Acts 1820, ch. 11, § 2; 1842 (E.S.), ch. 6, § 6); Shan., § 3813; Code 1932, § 7738; T.C.A. (orig. ed.), § 64-806; Acts 1983, ch. 182, § 1.
Structure 2021 Tennessee Code
Chapter 8 - Redemption of Real Estate Sold for Debt
§ 66-8-101. Right of Redemption — Waiver
§ 66-8-102. Period in Which Redeemable
§ 66-8-103. Waiver of Right in Mortgage or Trust Deed
§ 66-8-104. Timber on Land Subject to Redemption — Waste
§ 66-8-105. Remedies Against Waste
§ 66-8-106. Purchase Price Paid on Redemption
§ 66-8-107. Advance on Bid by Purchasing Creditor
§ 66-8-108. Redemption From Redeeming Creditor
§ 66-8-109. Advance on Redemption Price by Redeeming Creditor
§ 66-8-110. Total Amount Payable on Redemption
§ 66-8-111. Unauthorized Increase of Bid
§ 66-8-112. Rent During Redemption Period
§ 66-8-113. Payment of Redemption Money Through Clerk of Court — Failure of Clerk to Pay Over