Beverly C. Smith v. Ronnie R. Smith

IN THE COURT OF APPEALS OF TENNESSEE AT NASHVILLE April 12, 2005 Session BEVERLY C. SMITH v. RONNIE R. SMITH, ET AL. Appeal from the Chancery Court for Wilson County No. 02402 Charles K. Smith, Chancellor No. M2004-00257-COA-R3-CV - Filed November 22, 2005 This case involves an intrafamily transaction in real property. A now-deceased owner of a piece of commercial property held by tenancy by the entireties agreed to sell it to his nephew in a handshake transaction. The nephew made a $10,000 down payment, began paying off the balance in monthly installments, and made improvements to the…