Tennessee

State Website

Sustainability Resources

The Real Estate industry is one of the most environmentally damaging industries in the world accounting for:

30%

of total carbon dioxide

40%

of all energy

40%

of all raw materials

Our goal is to give you the resources you need to take sustainable action in improving, building, retrofitting and revamping your home. The impacts are real, the benefits significant, and the need critical. Join us in bringing sustainability home and creating a brighter future for all, starting with you.

Save money and do the world a favor!
Here's a list of Sustainability Initiatives in the area:

Rainwater Harvesting 101

Overview of what rain harvesting is, where it is most effective, how it is most effective and more.

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The Sustainable SITES Initiative

This tool provides guidelines and a rating system used to assess the sustainability of landscapes and suggests improvements.

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Home Advisor-Energy Star

Energy Star customized home advising tool to increase a homes energy efficiency based on a combination of user's information and Energy Star's expertise.

Learn More

Tennessee FAQs

Is Tennessee a judicial or non-judicial state?

Non-Judicial

In a non-judicial foreclosure state, the lender does not need to go through the court system in order to foreclose on a property. This process can be quicker and less expensive for the lender compared to a judicial foreclosure.

What is the process of closing on a property in Tennessee?

A title company attorney, a party to the contract, a lender’s representative, or an outside attorney may conduct a closing. Conveyance is by warranty or quitclaim deed. Deeds of trust are the customary security instruments. Foreclosures, which are handled according to trustee sale provisions, are swift, that is, 22 days from the first publication of the notice until the public sale, and there is normally no right of redemption after that. Tennesseans use ALTA policies and endorsements. The payment of title insurance premiums, closing costs, mortgage taxes, and transfer taxes varies according to local practice. Property taxes are payable annually on the first Monday in October.

Property Taxes in Tennessee?

Annually on the 1st Monday in October

In Tennessee, does a property management company require a real estate broker's license?

YES. Key components of property management (leasing, renting and collecting rent) are considered real estate activities under existing Tennessee real estate licensing laws. If a property manager is going to lease or list real estate, or negotiate or attempt to negotiate to perform any of those acts, or collect rent or attempt to collect rent, or if he or she holds herself out as engaging in any of those activities, he or she will need a broker's license. A salesperson working under a broker may engage in such activities.

Are there any exceptions to the requirement that a property manager have a broker's license in Tennessee?

YES. For example, resident managers (for brokers or owners) of apartments, duplexes or residential complexes are exempt if their duties are limited to supervision, exhibition of residential units, leasing or collection of security deposits and rentals from the property. Resident managers cannot negotiate the amounts of security deposits or rentals, nor may they negotiate leases on behalf of the broker. For more information about these and other Tennessee property management requirements and exceptions, please contact the Tennessee Real Estate Commission. Before hiring a property manager to manage your Tennessee rental property, you should always check that he or she is licensed appropriately. You can check the license status of Tennessee property managers at the Tennessee license Search and Verification.