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In this state, in order for the theft offense to be considered petty theft, the value of the property needs to have a value of $500 or less. The definition of theft in Tennessee is taking any item without having consent from the owner and having the intent of depriving the owner of the property.
Tennessee classifies theft of property or services as misdemeanors or felonies based on property value: Class A misdemeanortheft valued at $500 or less. Class E felonytheft valued at more than $500 and less than $1,000. Class D felonytheft valued at $1,000 or more and less than $10,000.
Theft constitutes a Class A misdemeanor if the stolen property (except for firearms) or services has a value of $1,000 or less. In such a case, the offender faces penalties of up to 11 months and 29 days of incarceration and a $2,500 fine.
The Crimes and Charges It is important to understand how much money and property involved are considered federal offenses. This means that for any amount of at least $1000, it does not matter if it is real estate, records available to the public or other assets, it is possible to face fines and jail sentences.
While there may be more lenient sentences for first-time offenders, the consequences of the crime of theft will most often depend on the value of the property stolen. If the value of the property was $500 or less, the accused will likely be charged with a Class A misdemeanor and up to 11 months in jail.

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The amount stolen is $1,000 or less: A Class A misdemeanor punishable by 11 months and 29 days of incarceration and a potential fine of $2,500. The amount stolen is between $1,000 and $2,500: A Class E felony punishable by 1 to 6 years of incarceration and a potential fine of $3,000.
A theft charge in Tennessee becomes a felony when the value of the stolen property goes above $1,000. There are different levels ranging from Class E, the least severe, to the most severe Class A. Under Tennessee law, it is permissible to aggregate the value of goods stolen from different owners.
Class B felonies carry possible sentences of 8 to 30 years in prison and fines up to $25,000. Examples include carjacking, sex trafficking, and money laundering.
Class B misdemeanors are punishable by up to six months in jail, fines of up to $500, or both. Examples of Class B misdemeanors in Tennessee include: Reckless driving. Prostitution. Criminal trespass.
The amount stolen is $1,000 or less: A Class A misdemeanor punishable by 11 months and 29 days of incarceration and a potential fine of $2,500. The amount stolen is between $1,000 and $2,500: A Class E felony punishable by 1 to 6 years of incarceration and a potential fine of $3,000.

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