When Must a Tennessee Residential Property Condition Disclosure or Disclaimer be Delivered to a Buyer?
12-Sep-2008
According to Section 66-5-203 of the Tennessee Residential Property Condition Disclosure Act, a Disclosure or Disclaimer must be delivered to the buyer prior to the "acceptance" of a purchase and sale agreement OR an exchange or lease with an option to buy. It is recommended, therefore, that a Disclosure or Disclaimer be provided to a potential buyer prior to the preparation of an offer to purchase.
According to Section 66-5-203 of the Tennessee Residential Property Condition Disclosure Act, a Disclosure or Disclaimer must be delivered to the buyer prior to the "acceptance" of a purchase and sale agreement OR an exchange or lease with an option to buy. It is recommended, therefore, that a Disclosure or Disclaimer be provided to a potential buyer prior to the preparation of an offer to purchase.
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