Altamont Land Use & Zoning Lawyer, Tennessee
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115 N Spring St, Mc Minnville, TN 37110
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LEGAL TERMS
FUTURE INTEREST
A right to property that cannot be enforced in the present, but only at some time in the future. For example, John's will leaves his house to his sister Marian,... (more...)
A right to property that cannot be enforced in the present, but only at some time in the future. For example, John's will leaves his house to his sister Marian, but only after the death of his wife, Hillary. Marian has a future interest in the house.
USE TAX
A tax imposed by a state to compensate for the sales tax lost when an item is purchased outside of the state, but is used within the state. For example, you buy... (more...)
A tax imposed by a state to compensate for the sales tax lost when an item is purchased outside of the state, but is used within the state. For example, you buy your car in a state that has no sales tax, but you live across the border in a state that does have a sales tax. When you bring your car home and register it in your state, the state taxing authority will bill you for the sales tax it would have collected had you bought the car within the state.
DONATION
A gift of property. The IRS allows you to take an income tax deduction for the value of donations made to charitable organizations who are recognized as such by... (more...)
A gift of property. The IRS allows you to take an income tax deduction for the value of donations made to charitable organizations who are recognized as such by the IRS.
SETBACK
The distance between a property boundary and a building. A minimum setback is usually required by law.
RECORDING
The process of filing a copy of a deed or other document concerning real estate with the land records office for the county in which the land is located. Record... (more...)
The process of filing a copy of a deed or other document concerning real estate with the land records office for the county in which the land is located. Recording creates a public record of changes in ownership of all property in the state.
HEIR
One who receives property from someone who has died. While the traditional meaning includes only those who had a legal right to the deceased person's property, ... (more...)
One who receives property from someone who has died. While the traditional meaning includes only those who had a legal right to the deceased person's property, modern usage includes anyone who receives property from the estate of a deceased person.
APPRAISER
A person who is hired to determine the current value of real estate or other property.
PRIVATE MORTGAGE INSURANCE (PMI)
Insurance that reimburses a mortgage lender if the buyer defaults on the loan and the foreclosure sale price is less than the amount owed the lender (the mortga... (more...)
Insurance that reimburses a mortgage lender if the buyer defaults on the loan and the foreclosure sale price is less than the amount owed the lender (the mortgage plus the costs of the sale). A home buyer who makes less than a 20% down payment may have to purchase PMI.
CONTINGENCY
A provision in a contract stating that some or all of the terms of the contract will be altered or voided by the occurrence of a specific event. For example, a ... (more...)
A provision in a contract stating that some or all of the terms of the contract will be altered or voided by the occurrence of a specific event. For example, a contingency in a contract for the purchase of a house might state that if the buyer does not approve the inspection report of the physical condition of the property, the buyer does not have to complete the purchase.
SAMPLE LEGAL CASES
Jacks v. MILLINGTON BD. OF ZONING APPEALS
On appeal, the crux of Appellant's argument is that his local zoning board erred in determining
that he could not use two structures on his property for human occupation. In support of this
contention, Appellant argues that when reviewing the zoning board's decision, the trial ...
LAMAR TENNESSEE v. Bd. of Zoning Appeals
This appeal concerns a billboard permit. The petitioner billboard owner applied to the respondent
city for a permit to tear down and replace a grandfathered billboard. The city granted a permit
for an indirectly illuminated billboard. The owner then built a billboard with a digital ...
Wadlyn Corp. v. City of Knoxville
... The Property was zoned RP-1, which, under the applicable zoning code, allows for a
population density of up to twenty-four dwelling units per acre. ... As pertinent to this appeal,
Article VII, Section 5 of the Knoxville Zoning Ordinance provides: Sec. ...
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