Tennessee § 66-32-103 Nature of time-share estates - Recordation

Tennessee Statutes

§ 66-32-103 — Nature of time-share estates - Recordation

Tennessee § 66-32-103

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This text of Tennessee § 66-32-103 (Nature of time-share estates - Recordation) is published on Counsel Stack Legal Research, covering Tennessee primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Tenn. Code Ann. § 66-32-103 (2026).

Text

(a)A "time-share estate" is an estate in real property and has the character and incidents of an estate in fee simple at common law or estate for years, if a leasehold, except as expressly modified by this part. This shall supersede any contrary rule at common law.

(b)Each time-share estate constitutes for purposes of title a separate estate or interest in property except for real property tax purposes.

(c)A document transferring or encumbering a time-share estate in real property may not be rejected for recordation because of the nature or duration of that estate or interest.

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(a) A "time-share estate" is an estate in real property and has the character and incidents of an estate in fee simple at common law or estate for years, if a leasehold, except as expressly modified by this part. This shall supersede any contrary rule at common law. (b) Each time-share estate constitutes for purposes of title a separate estate or interest in property except for real property tax purposes. (c) A document transferring or encumbering a time-share estate in real property may not be rejected for recordation because of the nature or duration of that estate or interest.