Property Taxes
Property taxes are assessed and collected by the local governments. County assessors of property appraise real estate for assessment purposes. In addition, they assess tangible personal property used or held for use in a business. The county commission and city governing bodies determine local property tax rates. The property taxes are collected by county trustees and city collecting officials.
Tennessee does not have a homestead exemption. However, there is a property tax relief program for the elderly, disabled and veterans.