29-5-101. Subjects of arbitration.
All causes of action, whether there be a suit pending therefor or not, may be submitted to the decision of one (1) or more arbitrators, except in one (1) of the following cases:
(1) Where one (1) of the parties to the controversy is an infant or a person of unsound mind;
(2) One (1) respecting a claim to an estate in real property, in fee or for life. Not included in the exception are:
(A) A controversy in regard to an estate or term for one (1) year or less or of years not exceeding five (5); or
(B) Respecting the partition of real property, or the boundaries of lands.
[Code 1858, § 3432 (deriv. Acts 1851-1852, ch. 173, § 1); Shan.,§ 5188; mod. Code 1932, § 9359; T.C.A. (orig. ed.), § 23-501.]