Exceptions From Registration Requirement

  1. Law
  2. Tennessee Code
  3. Property
  4. Time-Share Programs and Vacation Clubs
  5. Time-Share Act of 1981
  6. Exceptions From Registration Requirement

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No registration with the commission shall be required in the case of:

  1. Any transfer of a time-share interval by any time-share interval owner other than the developer and/or the developer's agent;
  2. Any disposition pursuant to court order;
  3. A disposition by a government or governmental agency;
  4. A disposition by foreclosure or deed in lieu of foreclosure;
  5. A disposition of a time-share interval in a time-share project situated wholly outside this state; provided, that all solicitations, negotiations, and contacts took place wholly outside this state and the contract was executed wholly outside this state;
  6. A gratuitous transfer of a time-share interval; or
  7. Group reservations made for fifteen (15) or more people as a single transaction between a hotel and travel agent or travel groups for hotel accommodations, where deposits are made and held for more than three (3) years in advance.


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