A buyer who enters into a contract with a seller to purchase real property engages in the act of wholesaling the real property when the buyer, after entering into the contract with the seller, assigns the buyer's equitable interest in the real property to a subsequent purchaser for a higher price than the buyer paid for the real property.
Wholesaling real property
Tenn. Code Ann. § 66-4-402, under Mandatory Disclosure of Buyer's Equitable Interest — Scope — Violations.
Tenn. Code Ann. § 66-4-402