Residency is a legal term that identifies the place in which a person or business is legally based. A person does not have to live in the state in which he has residency; for example, a student may have residency in one state but attend an out-of-state university. Residency establishes the voting rights, tax code and legal rules that a person is bound by. In order to declare residency in a state, a person must first meet certain requirements mandated by that state.
Relocate to Tennessee. It is important to note that students moving to Tennessee for the sole purpose of attending university may find it difficult to become a state resident for purposes of paying in-state tuition. Although they are able to establish legal residence for other purposes, such as obtaining a Tennessee ID or Driver's license, they will continue to pay out-of-state tuition.
Obtain employment, purchase property in Tennessee, register to vote, or obtain a Tennessee driver's license. For students, these actions indicate a desire to maintain a residency status after graduation. For other's these actions ensure that the resident is able to enjoy all of the rights, privileges and duties conferred to other Tennessee residents. When purchasing property or obtaining a Tennessee drivers licence, the state requires proof of residence.
Register a business entity. The legal residence of a business is determined by the state in which it is incorporated. By incorporating in the state of Tennessee, businesses are bound to Tennessee state taxes and are able to apply to use Tennessee state law in legal proceedings outside of the state.