The statutory window
10 days after signing if you inspected the project on site before you signed, and 15 days if you did not. The contract is also voidable until you have received the public offering statement.
When the clock starts. The signing date, with the longer window when there was no on-site inspection beforehand. Receipt of the public offering statement is a separate voidability rule.
How notice is treated. Hand delivery, prepaid U.S. mail postmarked inside the period, or email time-stamped inside the period. The purchaser and the developer cannot waive these rights.
Checked 2026-10-26 against Tenn. Code Ann. § 66-32-114. Statutes are amended. Your contract can give you longer than the statute. Confirm both before you rely on a date.
Gatlinburg and Pigeon Forge account for a large number of presentation sales.
What to do if the purchase is recent
- Find the cancellation address in the contract. Do not use the sales desk’s verbal instructions as a substitute.
- Send a short writing that says you cancel, names the contract, and is signed. Keep a copy.
- Use the delivery method the contract, or the statute, treats as effective. Certified mail is often safer than a regular email even when email is allowed.
- Do not sign a waiver of your cancellation right while the window might still be open.
- Do not stop there if a closing already happened. Some statutes treat an early closing as voidable for much longer, and that question belongs with a lawyer.
If you have owned it for years
This statute will not unwind an old purchase. The later path is the contract you have now: maintenance, any loan, the term, and whether the developer offers a real release. That review is the contract-cancellation service, not this page.