Any property held under this chapter with retention of the deed by the local governmental unit is deemed to be the property of the local governing unit held for public purposes and is exempt from property taxation.
Structure 2021 Tennessee Code
Title 7 - Consolidated Governments and Local Governmental Functions and Entities
Chapter 66 - Tennessee Homestead Act
§ 7-66-102. Chapter Definitions
§ 7-66-103. Purpose of Chapter — Property Affected
§ 7-66-105. Implementation Plan
§ 7-66-109. Rules and Regulations