# Tenn. Code Ann. § 66-32-103: Nature of time-share estates - Recordation

> Tennessee · Statutes · In force

URL: https://www.frixlaw.com/law-library/statutes/STATE_TN_T66_C32_S66-32-103

## Section

- **Citation:** Tenn. Code Ann. § 66-32-103
- **Heading:** Nature of time-share estates - Recordation
- **Jurisdiction:** Tennessee
- **Kind:** Statutes
- **Status:** In force
- **Text as of:** August 14, 2026
- **Source:** Compiled text
- **Location:** TN Code / Title 66 / Chapter 32 / Section 66-32-103

## 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. Acts 1981, ch. 372, §§ 3, 4; T.C.A., §§ 64-3203, 64-3204.
(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.
Acts 1981, ch. 372, §§ 3, 4; T.C.A., §§ 64-3203, 64-3204.

## Nearby sections

- [Tenn. Code Ann. § 66-32-101 Short title](https://www.frixlaw.com/law-library/statutes/STATE_TN_T66_C32_S66-32-101.md)
- [Tenn. Code Ann. § 66-32-102 Part definitions](https://www.frixlaw.com/law-library/statutes/STATE_TN_T66_C32_S66-32-102.md)
- [Tenn. Code Ann. § 66-32-103 Nature of time-share estates - Recordation](https://www.frixlaw.com/law-library/statutes/STATE_TN_T66_C32_S66-32-103.md)
- [Tenn. Code Ann. § 66-32-104 Applicability of local ordinances, regulations, and building codes](https://www.frixlaw.com/law-library/statutes/STATE_TN_T66_C32_S66-32-104.md)
- [Tenn. Code Ann. § 66-32-105 Time-share units](https://www.frixlaw.com/law-library/statutes/STATE_TN_T66_C32_S66-32-105.md)
- [Tenn. Code Ann. § 66-32-106 Instruments for time-share estates](https://www.frixlaw.com/law-library/statutes/STATE_TN_T66_C32_S66-32-106.md)
- [Tenn. Code Ann. § 66-32-107 Time-share estate management](https://www.frixlaw.com/law-library/statutes/STATE_TN_T66_C32_S66-32-107.md)
- [Tenn. Code Ann. § 66-32-108 Developer control](https://www.frixlaw.com/law-library/statutes/STATE_TN_T66_C32_S66-32-108.md)
- [Tenn. Code Ann. § 66-32-109 Instruments for time-share use](https://www.frixlaw.com/law-library/statutes/STATE_TN_T66_C32_S66-32-109.md)
- [Tenn. Code Ann. § 66-32-110 Time-share use management](https://www.frixlaw.com/law-library/statutes/STATE_TN_T66_C32_S66-32-110.md)
- [Tenn. Code Ann. § 66-32-111 Partition](https://www.frixlaw.com/law-library/statutes/STATE_TN_T66_C32_S66-32-111.md)
- [Tenn. Code Ann. § 66-32-112 Public offering statement - General provisions](https://www.frixlaw.com/law-library/statutes/STATE_TN_T66_C32_S66-32-112.md)
- [Tenn. Code Ann. § 66-32-113 Escrow of deposits](https://www.frixlaw.com/law-library/statutes/STATE_TN_T66_C32_S66-32-113.md)
- [Tenn. Code Ann. § 66-32-114 Mutual rights of cancellation](https://www.frixlaw.com/law-library/statutes/STATE_TN_T66_C32_S66-32-114.md)

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Source: Frix Law Library, https://www.frixlaw.com/law-library/statutes/STATE_TN_T66_C32_S66-32-103. Check the current official text before relying on it. Not legal advice.