47-15-101 - Definitions. - Tennessee Statutes

47-15-101. Definitions.

As used in this chapter, unless the context otherwise requires:

     (1)  “Home loan” means a loan which is:

          (A)  Secured by real estate owned and occupied by the borrower for family residential purposes and which may include not more than three (3) additional residential units; and

          (B)  Amortized over a period greater than one hundred eighty-one (181) months; and

     (2)  Other terms used in this chapter, but not defined in this chapter, have the same meaning given to them by § 47-14-102.

[Acts 1979, ch. 208, § 1; T.C.A., § 47-14-201.]