Terms Used In Tennessee Code 66-19-201

  • Lease: A contract transferring the use of property or occupancy of land, space, structures, or equipment in consideration of a payment (e.g., rent). Source: OCC
  • Lien: A claim against real or personal property in satisfaction of a debt.
  • State: when applied to the different parts of the United States, includes the District of Columbia and the several territories of the United States. See Tennessee Code 1-3-105

Any debt contracted by the master, owner, agent, or consignee of any boat within this state on account of any work done, or materials or articles furnished for the building, repairing, fitting, furnishing, or equipping of such boat, or for wages due to the employees of such debtor, or for lease rent for dockage or storage, shall be a possessory lien upon such boat, its tackle, and furniture. It is the legislative intent that the holder of a material and furnishings lien shall not be able to charge additional dockage and storage during that period when the holder is exercising this lien.

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