reglab/housing_qa huggingface dataset:
TN Code § 47-18-501 (2021)
2021 Tennessee Code|Title 47 - Commercial Instruments and Transactions|Chapter 18 - Consumer Protection|Part 5 - Buyers' Clubs|§ 47-18-501. Part Definitions

 As used in this part, unless the context otherwise requires:   “Attorney general” means the attorney general and reporter, or the attorney general and reporter's designee;   “Business day” means any day other than a Saturday, Sunday, or legal holiday;   “Buyer” or “member” means any status by which any natural person is entitled to any of the benefits of a discount buying organization;   “Buying service,” “buying club,” or “club” means any person, corporation, partnership, unincorporated association, or other business enterprise operating for profit within the state of Tennessee, the primary purpose of which is to provide benefits to members from the cooperative purchase of services or merchandise;   “Contract” means any oral or written agreement by which one becomes a member of a club; and   [Deleted by 2019 amendment.]   “Prepayment” means any payment greater than fifty dollars ($50.00) for service, merchandise, or membership made before the service is rendered. Money received by a club from a financial institution upon assignment of a contract shall be considered prepayment when and to the extent the member is required to make prepayments to the financial institution pursuant to the contract.
TN Code § 47-18-502 (2021)
2021 Tennessee Code|Title 47 - Commercial Instruments and Transactions|Chapter 18 - Consumer Protection|Part 5 - Buyers' Clubs|§ 47-18-502. Cancellation of Membership

  Any person who has elected to become a member of a club may cancel such membership by giving written notice any time before twelve o'clock (12:00) midnight of the third business day following the date on which membership was attained, subject to § 47-18-503. Such cancellation shall be without liability on the part of the member and shall entitle the member to a refund of the entire consideration paid for the contract.   Notice of cancellation must be in writing and delivered personally or by mail. If given by mail, the notice is effective upon deposit in a mailbox, properly addressed and postage paid. Notice of cancellation need not take a particular form and is sufficient if it indicates, by any form of written expression, the intention of the member not to be bound by the contract. If delivered personally, the notice is to be accepted by any agent or employee of the club, and a receipt for the notice must be given by that agent or employee to the person cancelling.   The entitled refund shall be delivered to the member within fourteen (14) days after notice of cancellation is given.   Rights of cancellation may not be waived or otherwise surrendered.   Cancellation shall not relieve the member from paying for any merchandise or services purchased or ordered prior to the date of cancellation.
TN Code § 47-18-503 (2021)
2021 Tennessee Code|Title 47 - Commercial Instruments and Transactions|Chapter 18 - Consumer Protection|Part 5 - Buyers' Clubs|§ 47-18-503. Contracts — Notice of Right to Cancel

  A fully completed copy of every contract shall be delivered to the member at the time the contract is signed. Every contract shall constitute the entire agreement between seller and member, shall be in writing, shall be signed by the member, shall designate the date on which the member signed the contract and shall state, clearly and conspicuously in boldface type of a minimum size of fourteen (14) points, in immediate proximity to the space reserved for the signature of the buyer, the following:  MEMBER'S RIGHT TO CANCELIf you wish to cancel this contract, you may cancel by delivering or mailing a written notice to the company. Certified mail would provide greater protection than first class mail, but is not necessary. If you deliver the notice personally, you are entitled to a receipt. Your notice must make known that you do not wish to be bound by the contract. If the notice is delivered or mailed before twelve o'clock midnight (12:00) of the third business day after you sign this contract, you are entitled to a refund of the entire consideration paid for the contract. The notice must be delivered or mailed to (insert name and mailing address of company). If you cancel, the club is required to return, within fourteen (14) days of the date on which you give notice of cancellation, any payments you have made.    Until the buying club has complied with this section, the member may cancel the contract by notifying the buying club, in any manner and by any means, of the member's intention to cancel and the member is then entitled to a refund of the entire consideration paid for the contract.
TN Code § 47-18-504 (2021)
2021 Tennessee Code|Title 47 - Commercial Instruments and Transactions|Chapter 18 - Consumer Protection|Part 5 - Buyers' Clubs|§ 47-18-504. Contracts — Nondelivery of Goods — Savings Claims

  Every contract shall provide that if any goods, except furniture or custom manufactured goods, ordered by the member from the buying club, are not delivered to the member or available for pick up by the member at the location where the order was placed within six (6) weeks from the date the member placed an order for such goods, then any payment by the member for such goods in advance of delivery shall, upon the member's request, be fully refunded, unless a predetermined delivery date has been furnished to the member in writing at the time the member ordered such goods, and the goods are delivered to the member or available for pick up by that date. Every contract must disclose that delivery dates for furniture or custom manufactured goods cannot be predicted, if such is the case.   Every contract shall provide that all savings claims made by the buying club are based on price comparisons with retailers doing business in the trade area in which the claims are made if the same or comparable items are offered for sale in the trade area and with prices at which the merchandise is actually sold or offered for sale.   Any contract which does not comply with subsections (a) and (b) shall be void and unenforceable.
TN Code § 47-18-505 (2021)
2021 Tennessee Code|Title 47 - Commercial Instruments and Transactions|Chapter 18 - Consumer Protection|Part 5 - Buyers' Clubs|§ 47-18-505. Contracts — Duration

 No contract shall be valid for a term longer than eighteen (18) months from the date upon which the contract is signed. However, a club may allow a member to convert such member's contract into a contract for a period longer than eighteen (18) months after the member has been a member of the club for a period of at least six (6) months. The duration of the contract shall be clearly and conspicuously disclosed in the contract in boldface type of a minimum size of fourteen (14) points. No contract shall contain an automatic renewal clause; provided, that such an agreement may provide for the buyer to exercise a renewal.
TN Code § 47-18-506 (2021)
2021 Tennessee Code|Title 47 - Commercial Instruments and Transactions|Chapter 18 - Consumer Protection|Part 5 - Buyers' Clubs|§ 47-18-506. Exemptions

 This part shall not apply to:   Any buyers club in which the total consideration paid by each buyer in any manner whatsoever under the contract for discount buying services does not exceed fifty dollars ($50.00) over the expected life of the contract;   Any buyers club in which persons receive discount buyer services incidentally as part of a package of services provided to or available to such individuals on account of their membership in such organization, which is not organized for the profit of any person or corporation or which does not have as one (1) of its primary purposes or businesses the provision of discount buying services; and   Any buyers club which files with the attorney general a declaration, executed under penalty of perjury by the owner or manager of such club, stating that the club does not require or, in the ordinary course of business, receive prepayment.
TN Code § 47-18-508 (2021)
2021 Tennessee Code|Title 47 - Commercial Instruments and Transactions|Chapter 18 - Consumer Protection|Part 5 - Buyers' Clubs|§ 47-18-508. Requirements Nonwaivable

 Any waiver by the member of this part shall be deemed contrary to public policy and shall be void and unenforceable.
TN Code § 47-18-509 (2021)
2021 Tennessee Code|Title 47 - Commercial Instruments and Transactions|Chapter 18 - Consumer Protection|Part 5 - Buyers' Clubs|§ 47-18-509. Violations of Part — Penalties

 A violation of this part shall constitute a violation of the Tennessee Consumer Protection Act of 1977, compiled in part 1 of this chapter. For the purpose of application of the Tennessee Consumer Protection Act of 1977, any violation of this part shall be construed to constitute an unfair or deceptive act or practice affecting the conduct of any trade or commerce and subject to the penalties and remedies as provided by that act.
TN Code § 47-18-601 (2021)
2021 Tennessee Code|Title 47 - Commercial Instruments and Transactions|Chapter 18 - Consumer Protection|Part 6 - Rental-Purchase Agreements|§ 47-18-601. Short Title

 This part shall be known and may be cited as the “Tennessee Rental-Purchase Agreement Act.”
TN Code § 47-18-602 (2021)
2021 Tennessee Code|Title 47 - Commercial Instruments and Transactions|Chapter 18 - Consumer Protection|Part 6 - Rental-Purchase Agreements|§ 47-18-602. Legislative Findings and Purpose

 The general assembly finds that a significant number of consumers have sought to acquire ownership of personal property through rental-purchase agreements. Often, these rental-purchase agreements have been offered without adequate cost disclosures. It is the purpose of this part to assure meaningful disclosure of the terms of rental-purchase agreements, to make consumers aware of the total cost attendant with such agreements, to inform the consumer when ownership will transfer, and to assure accurate disclosures of rental-purchase terms in advertising.
TN Code § 47-18-603 (2021)
2021 Tennessee Code|Title 47 - Commercial Instruments and Transactions|Chapter 18 - Consumer Protection|Part 6 - Rental-Purchase Agreements|§ 47-18-603. Part Definitions

 As used in this part, unless the context otherwise requires:   “Advertisement” means a commercial message in any medium that aids, promotes, or assists directly or indirectly a rental-purchase agreement;   “Attorney general” means the attorney general and reporter, or the attorney general and reporter's designee;   “Cash price” means the price at which the lessor would have sold the property to the consumer for cash on the date of the rental-purchase agreement;   “Consumer” means a natural person who rents personal property under a rental-purchase agreement;   “Consummation” means the time a consumer becomes contractually obligated on a rental-purchase agreement;   [Deleted by 2019 amendment.]   “Lessor” means a person who, in the ordinary course of business, regularly leases, offers to lease, or arranges for the leasing of property under a rental-purchase agreement; and   “Rental-purchase agreement” means an agreement for the use of personal property by a natural person primarily for personal, family, or household purposes, for an initial period of four (4) months or less (whether or not there is any obligation beyond the initial period) that is automatically renewable with each payment and that permits the consumer to become the owner of the property. “Rental-purchase agreement” shall not be construed to be, nor be governed by, any of the following:  A lease or agreement which constitutes a “credit” sale as defined in 12 CFR 226.2(a)(16) and §  1602(g) of the Truth In Lending Act, compiled in 15 U.S.C. § 1601 et seq.;   A lease which constitutes a “consumer lease” as defined in 12 CFR 213.2(e);   Any lease for agricultural, business, or commercial purposes;   Any lease made to an organization;   A lease or agreement which constitutes a “retail installment contract” or “retail installment transaction” as defined in § 47-11-102;   A “security interest” as defined in § 47-1-201; or   A “home solicitation sale” as defined in § 47-18-702.
TN Code § 47-18-604 (2021)
2021 Tennessee Code|Title 47 - Commercial Instruments and Transactions|Chapter 18 - Consumer Protection|Part 6 - Rental-Purchase Agreements|§ 47-18-604. Required Disclosures

  For each rental-purchase agreement, the lessor shall disclose the following items as applicable:  A brief description of the leased property, sufficient to identify the property to the consumer and lessor;   The number, amount, and timing of all lease payments necessary to acquire ownership of the property;   The maximum amount of all initial and periodic payments and other charges to acquire ownership of the property pursuant to the ownership provisions of the rental-purchase agreement;   A statement that the consumer will not own the property until the consumer has made the number of payments and the total of payments necessary to acquire ownership;   A statement that the total of payments does not include other charges, such as late payment, default, pickup, and reinstatement fees, and that the consumer should see the contract for an explanation of these charges;   If applicable, a statement that the consumer is responsible for the fair market value of the property if it is lost, stolen, damaged, or destroyed;   A statement indicating whether the property is new or used; however, a statement that indicates new property is used is not a violation of this part;   A statement of the cash price of the property. Where the agreement involves a lease for five (5) or more items, a statement of the aggregate cash price of all items shall satisfy this requirement;   The total of initial payments required to be paid before consummation of the agreement or delivery of the property, whichever is later;   A statement clearly summarizing the terms of the consumer's options to purchase;   A statement identifying the party responsible for maintaining or servicing the property while it is being leased, together with the description of that responsibility and a statement that, if any part of a manufacturer's express warranty covers the leased property at the time the consumer acquires ownership of the property, it will be transferred to the consumer, if allowed by the terms of the warranty; and   The date of the transaction and the identities of the lessor and consumer.     With respect to matters specifically governed by the federal Consumer Credit Protection Act, compliance with such act satisfies the requirements of this section.   Subsection (a) does not apply to a lessor who complies with the disclosure requirements of Section 182 of the federal Consumer Credit Protection Act, 15 U.S.C. § 1667a, 90 Stat. 258, with respect to a rental-purchase agreement entered into with a consumer.
TN Code § 47-18-605 (2021)
2021 Tennessee Code|Title 47 - Commercial Instruments and Transactions|Chapter 18 - Consumer Protection|Part 6 - Rental-Purchase Agreements|§ 47-18-605. Form of Disclosures

  The lessor shall disclose to the consumer the information required by this part. In a transaction involving more than one (1) consumer, a lessor need disclose only to one (1) of the consumers who is primarily obligated. In a transaction involving more than one (1) lessor, only one (1) lessor need make the required disclosures.   The disclosures required under this part shall be made no later than the time that the lessor delivers the merchandise to the consumer, or upon consummation of the rental-purchase agreement, whichever is earlier.    The disclosures shall be made using words and phrases of common meaning, in a form that the consumer may keep.   The disclosures required under § 47-18-604 may be made a part of the rental-purchase agreement or provided on a separate form.   The required disclosures shall be set forth clearly and conspicuously. The disclosures shall be placed all together, on the front side of the rental-purchase agreement or on a separate form. The form setting forth the required disclosures must contain spaces for the consumer's signature and the date appearing immediately below the disclosures. The requirements of this section shall not have been complied with unless the consumer signs the statement and receives, at the time disclosures are made, a legible copy of the signed statement. The inclusion in the required disclosures of a statement that the consumer received a legible copy of those disclosures shall create a rebuttable presumption of receipt thereof.     Information required to be disclosed may be given in the form of estimates and shall be identified as such when the lessor does not know the exact information.   If a disclosure becomes inaccurate as the result of any act, occurrence, or agreement after delivery of the required disclosures, the resulting inaccuracy is not a violation of this part.   At the lessor's option, information in addition to that required by § 47-18-604 may be disclosed if the additional information is not stated, utilized, or placed in a manner which will contradict, obscure, or distract attention from the required information.
TN Code § 47-18-606 (2021)
2021 Tennessee Code|Title 47 - Commercial Instruments and Transactions|Chapter 18 - Consumer Protection|Part 6 - Rental-Purchase Agreements|§ 47-18-606. Prohibited Terms of Agreement

 A rental-purchase agreement may not contain a provision:   Requiring a confession of judgment;   Requiring a garnishment of wages;   Granting authorization to the lessor or a person acting on the lessor's behalf to enter unlawfully upon the consumer's premises or to commit any breach of the peace in the repossession of goods;   Requiring the consumer to waive any defense, counterclaim, or right of action against the lessor or a person acting on the lessor's behalf in collection of payment under the lease or in the repossession of goods; or   Requiring purchase of insurance from the lessor to cover the merchandise.
TN Code § 47-18-607 (2021)
2021 Tennessee Code|Title 47 - Commercial Instruments and Transactions|Chapter 18 - Consumer Protection|Part 6 - Rental-Purchase Agreements|§ 47-18-607. Termination and Reinstatement Provisions

  Each rental-purchase agreement must:  Provide that the consumer may terminate the agreement without penalty by voluntarily surrendering or returning the merchandise upon expiration of any lease term; and   Contain a provision for reinstatement which, at a minimum:  Permits a consumer who fails to make a timely rental payment to reinstate the agreement, without losing any rights or options which exist under the agreement, by the payment of all past due rental charges, the reasonable costs of pickup, redelivery, any refurbishing and any applicable late fee within five (5) days of the renewal date if the consumer pays monthly, or within two (2) days of the renewal date if the consumer pays more frequently than monthly;   In the case where a consumer, at the request of the lessor or its agent, has returned or voluntarily surrendered the property, other than through judicial process, permits the consumer to reinstate the agreement during a period of not less than thirty (30) days after the date of the return of the property. In the event the consumer has paid not less than sixty percent (60%) of the amount called for under the contract to obtain ownership, the reinstatement period under this subsection (a) shall be extended to a total of ninety (90) days after the date of the return of the property. In the event the consumer has paid not less than eighty percent (80%) of the amount called for under the contract to obtain ownership, the reinstatement period under this subsection (a) shall be extended to a total of one hundred eighty (180) days after the date of the return of the property.       Nothing in this section prevents a lessor from attempting to repossess property during the reinstatement period, but such a repossession does not affect the consumer's right to reinstate. Upon reinstatement, the lessor shall provide the consumer with the same property or substitute property of comparable quality and condition.
TN Code § 47-18-608 (2021)
2021 Tennessee Code|Title 47 - Commercial Instruments and Transactions|Chapter 18 - Consumer Protection|Part 6 - Rental-Purchase Agreements|§ 47-18-608. Receipts for Payments

 A lessor shall provide the consumer with a written receipt for each payment made by cash or money order.
TN Code § 47-18-609 (2021)
2021 Tennessee Code|Title 47 - Commercial Instruments and Transactions|Chapter 18 - Consumer Protection|Part 6 - Rental-Purchase Agreements|§ 47-18-609. Renegotiations — Extensions

  A renegotiation occurs when an existing rental-purchase agreement is satisfied and replaced by a new lease agreement undertaken by the same consumer. A renegotiation is a new agreement requiring new disclosures. However, events such as the following shall not be treated as renegotiations:  The addition or return of property in a multiple item agreement or the substitution of lease property, if in either case the average payment allocable to a payment period is not changed by more than twenty-five percent (25%);   A deferral or extension of one (1) or more periodic payments, or portions of a periodic payment;   A reduction in charges in the agreement;   An agreement involving a court proceeding; and   Any other event described in regulations prescribed by the attorney general.     No disclosures are required for any extension of a rental-purchase agreement.
TN Code § 47-18-610 (2021)
2021 Tennessee Code|Title 47 - Commercial Instruments and Transactions|Chapter 18 - Consumer Protection|Part 6 - Rental-Purchase Agreements|§ 47-18-610. Advertisements

  If an advertisement for a rental-purchase agreement refers to or states the amount of any payment or the right to acquire ownership for any specific item, the advertisement also must state clearly and conspicuously the following items, as applicable:  That the transaction advertised is a rental-purchase agreement;   The total of payments necessary to acquire ownership; and   That the consumer acquires no ownership rights if the total amount necessary to acquire ownership is not paid.     Any owner or personnel of any medium in which an advertisement appears or through which it is disseminated shall not be liable under this section.   Subsection (a) does not apply to an advertisement which does not refer to a specific item of merchandise. The disclosures also need not be made in an advertisement which does not refer to or state the amount of any payment, and which is published in the yellow pages of a telephone directory or any similar directory of business.   With respect to matters specifically governed by the federal Consumer Credit Protection Act, compliance with such act satisfies the requirements of this section.