Property Ownership
In Tennessee, the Tennessee Condominium Act requires that a condominium declaration include:
AA list of all current unit owners
BA description of each unit, common elements, and the percentage interests✓ Correct
CThe names of all mortgage lenders
DA 10-year budget projection
Explanation
The Tennessee Condominium Act requires the declaration to include descriptions of each unit, the common elements, and each unit owner's percentage interest in the common elements.
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