Tenn. Code Ann. §66-27-502

Tennessee Condominium Act -- Responsibility to Provide Information

Requires the association, upon request from a unit owner, purchaser, or lender (or their agents), to provide the information specified in §66-27-503 within ten (10) business days of receipt. The association may charge a reasonable fee for providing the information, which may be assessed against the unit if unpaid. Noncompliance triggers penalties under §66-27-505: $250 fine after first request, $500 after second request (if still not provided within 10 business days), plus costs and reasonable attorney's fees. Applies to residential condominiums (Part 5).

Status Active
Effective Jan 1, 2009
Verified Apr 15, 2026
Source Official text
Disclosure
Ref Requirement
Applies to residential condominiums (Part 5).
Requires the association, upon request from a unit owner, purchaser, or lender (or their agents), to provide the information specified in §66-27-503 within ten (10) business days of receipt.
(a) Within ten (10) business days following the date of the association's receipt of the request
Financial
Ref Requirement
Noncompliance triggers penalties under §66-27-505: $250 fine after first request, $500 after second request (if still not provided within 10 business days), plus costs and reasonable attorney's fees.
The association may charge a reasonable fee for providing the information, which may be assessed against the unit if unpaid.
§66-27-505 A fine or penalty of two hundred fifty dollars ($250) to the party on whose behalf the request is made, following the first request
(b) A reasonable fee for providing the information
Legal references last verified April 15, 2026. This content is educational and informational. It does not constitute legal advice. Consult a licensed attorney in your state for legal guidance specific to your situation.
Statutory-aligned HOA accounting infrastructure.
Fund accounting, enforcement guardrails, and audit-ready governance — built for board fiduciary standards.
Request Access
Login