Tennessee § 47-18-705 - Cancellation — Refund of payments — Lien pending refund.
Full text of Tennessee Tennessee Code Annotated § 47-18-705 — Cancellation — Refund of payments — Lien pending refund., with citation guidance and answers to common questions.
§ 47-18-705. Cancellation — Refund of payments — Lien pending refund.
Except as provided in this section, within ten (10) days after a home solicitation sale has been cancelled or an offer to purchase revoked the seller must tender to the buyer any payments made by the buyer and any note or other evidence of indebtedness. If the down payment includes goods traded in, the goods must be tendered in substantially as good condition as when received by the seller. If the seller fails to tender the goods as provided by this section, the buyer may elect to recover an amount equal to the trade-in allowance stated in the agreement. Until the seller has complied with the obligations imposed by this section, the buyer may retain possession of goods delivered to the buyer by the seller and has a lien on the goods in the buyer's possession or control for any recovery to which the buyer is entitled. Acts 1974, ch. 712, § 5; T.C.A., § 47-16-105 . Cited: Laymance v. Vaughn, 857 S.W.2d 36, 1992 Tenn. App. LEXIS 930 (Tenn. Ct. App. 1992).
Source: official Tennessee text · Last verified 2026-08-27
Frequently Asked Questions About Tennessee § 47-18-705
What does Tennessee Code Annotated § 47-18-705 cover?
Section 47-18-705 ("Cancellation — Refund of payments — Lien pending refund.") is part of the Tennessee Code Annotated, the codified statutory law of Tennessee. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Tennessee § 47-18-705?
A common citation format is "Tennessee Code Annotated § 47-18-705" (Tennessee). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Tennessee law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Tennessee official source linked on this page or consult a licensed Tennessee attorney.
How does Tennessee § 47-18-705 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Tennessee can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Tennessee.