Terms Used In Tennessee Code 47-18-707

  • Buyer: means buyer or lessee. See Tennessee Code 47-18-702
  • Contract: A legal written agreement that becomes binding when signed.
  • Goods: means tangible personal property and also includes a merchandise certificate whereby a writing is issued by the seller which is not redeemable in cash and is usable in lieu of cash in exchange for goods or services. See Tennessee Code 47-18-702
  • Person: means a natural person, consumer, individual, governmental agency, partnership, corporation, trust, estate, incorporated or unincorporated association, and any other legal or commercial entity however organized. See Tennessee Code 47-18-2102
  • Seller: means seller or lessor. See Tennessee Code 47-18-702

Notwithstanding any other law, if at the time of a home solicitation a seller or the seller’s agent should fail to immediately identify such person as a seller or lessor, or should the seller or agent represent or imply that the seller’s or agent’s purpose at the time of solicitation is anything other than selling or leasing if that is not substantially true, the buyer shall have a total of thirty (30) days to cancel any home solicitation sales contract there entered into in the same manner and to the same extent as otherwise provided by this chapter; provided, that the goods or merchandise are made available for the seller’s repossession and are tendered back to the seller in substantially as good condition as when received by the buyer.