US Lawyer Database

§ 66-32-302. Part Definitions

As used in this part, unless the context otherwise requires: “Advertisement” means any written, printed, verbal, or visual offer; “Blanket encumbrance” means any mortgage, deed of trust, option to purchase, vendor’s lien or interest under a contract or agreement of sale, or other material financing lien or encumbrance granted by the membership camping operator, which […]

§ 66-32-303. Disclosures to Purchasers

A membership camping operator shall disclose the following information to a purchaser before the purchaser signs a membership camping contract or gives any money or thing of value for the purchase of a membership camping contract. The disclosures shall be delivered to the purchaser prior to the time the contract is signed and may be […]

§ 66-32-304. Cancellation of Contracts

Any membership camping contract may be cancelled at the option of the purchaser by personally delivering or sending written notice of the cancellation to the membership camping operator at the address shown in the contract. The notice must be posted not later than twelve o’clock midnight (12:00) of the fifteenth calendar day following the day […]

§ 66-32-305. Inducements — Disclosures

It is unlawful for any person by any means, as part of an advertising program, to offer any item of value as an inducement to the recipient to visit a membership camping operator’s campground, attend a sales presentation, or contact a salesperson, unless the person clearly discloses in writing in the offer, in readily understandable […]

§ 66-32-306. Purchasers’ Remedies

A purchaser’s remedy for errors in or omissions from the membership camping contract and related materials delivered to the purchaser at the time of sale or any of the disclosures required in § 66-32-305 is limited to a right of rescission and refund of the purchase price paid by the purchaser. This limitation does not […]

§ 66-32-202. Legislative Intent

The purpose of this part is to recognize that the sale and promotion of vacation clubs is an emerging, dynamic segment of the international tourism industry; that this segment of the tourism industry continues to grow, both in volume of sales and in complexity and variety of product structure; and that a uniform and consistent […]

§ 66-32-203. Application

This part applies only to sellers of vacation club interests who offer for disposition vacation club interests to the general public in Tennessee. For purposes of this section, an offer shall be considered to be made in this state only if the offer: Originates from this state; or Is directed by the offeror into this […]

§ 66-32-133. Prize or Gift Promotional Offers — Unlawful Acts

The following unfair acts or practices undertaken by, or omissions of, any person in the operation of any prize or gift promotional offer, by any means, including, but not limited to, by mail, by telephone, by advertisement or in person, for a time-share project are prohibited: Failing to clearly and conspicuously state the name and […]