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38 chapters · 731 sections in this title.
Tenn. Code Ann. § 66-32-116 Material change
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The developer shall amend or supplement the public offering statement to report any material change in the information required by § 66-32-112. As to any exchange program, the developer shall use the current written materials that are supplied to it for distribution to the time-s…
Tenn. Code Ann. § 66-32-117 Liens
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(a) Unless the purchaser expressly agrees to take subject to or assume a lien prior to transferring a time-share interval other than by deed in lieu of foreclosure, the developer shall record or furnish to the purchaser releases of all liens affecting that time-share interval, or…
Tenn. Code Ann. § 66-32-118 Violations — Attorney's fees — Criminal penalties
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(a) If a developer or any other person subject to this part violates any provision thereof or any provision of the project instruments, any person or class of persons adversely affected by the violation has a claim for appropriate relief. Punitive damages may be awarded for a wil…
Tenn. Code Ann. § 66-32-119 Statute of limitations
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A judicial proceeding where the accuracy of the public offering statement or validity of any contract of purchase is in issue and a rescission of the contract or damages is sought must be commenced within four (4) years after the date of the contract of purchase, notwithstanding …
