Mortgage foreclosure surplus
Tenn. Code Ann. §§ 35-5-101–117 govern nonjudicial deed-of-trust sale procedure; the deed, Tennessee equity and lien-priority law govern surplus. The foreclosure provisions set no universal post-sale owner surplus deadline. Request trustee accounting and payment promptly. The statutory two-year property-redemption right under §§ 66-8-101 et seq. may be waived in the deed and is separate from surplus.
