Tennessee HB 2288: Real Property - As enacted, allows for notice of cancellation of a time-share contract being made by email. - Amends TCA Title 66.

Bill Text

Senate Commerce and Labor 1

Amendment No. 1 to SB2132

Bailey
Signature of Sponsor

AMEND Senate Bill No. 2132* House Bill No. 2288

SA0689
015823
- 1 -
by deleting all language after the enacting clause and substituting:
SECTION 1. Tennessee Code Annotated, Section 66-32-114, is amended by deleting
subsection (c) and substituting:
(c) If either party elects to cancel a contract pursuant to subsection (a) or (b),
then that party may do so by:
(1) Hand delivering notice of cancellation to the other party within the
designated period for voiding the contract;
(2) Mailing notice of cancellation by prepaid United States mail,
postmarked anytime within the designated period for voiding the contract, to the
other party or to the other party's agent for service of process; or
(3) Sending notice of cancellation via electronic mail, time stamped within
the designated period for voiding the contract to the other party.
(d) The purchaser and the developer shall not waive the rescission rights set
forth in subsections (a) and (b).
SECTION 2. This act takes effect July 1, 2022, the public welfare requiring it, and
applies to all agreements entered into on or after that date.