Tennessee § 66-8-106 - Purchase price paid on redemption.
Full text of Tennessee Tennessee Code Annotated § 66-8-106 — Purchase price paid on redemption., with citation guidance and answers to common questions.
§ 66-8-106. Purchase price paid on redemption.
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. Cross-References. Deed on redemption, § 26-5-113 . Textbooks. Tennessee Jurisprudence, 21 Tenn. Juris., Redemption of Real Estate Sold for Debt, §§ 9-21. Law Reviews. Tennessee and the Installment Land Contract: A Viable Alternative to the Deed of Trust, 21 Mem. St. U.L. Rev. 551 (1991).
Source: official Tennessee text · Last verified 2026-08-27
Frequently Asked Questions About Tennessee § 66-8-106
What does Tennessee Code Annotated § 66-8-106 cover?
Section 66-8-106 ("Purchase price paid on redemption.") is part of the Tennessee Code Annotated, the codified statutory law of Tennessee. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Tennessee § 66-8-106?
A common citation format is "Tennessee Code Annotated § 66-8-106" (Tennessee). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Tennessee law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Tennessee official source linked on this page or consult a licensed Tennessee attorney.
How does Tennessee § 66-8-106 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Tennessee can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Tennessee.