§ 66-27-506. Escrow of deposits.

TN Code § 66-27-506 (2019) (N/A)
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(1) Delivered to the declarant at closing;

(2) Delivered to the declarant because of purchaser's default under a contract to purchase the unit;

(3) Refunded to the purchaser;

(4) Interpleaded into a court of appropriate jurisdiction; or

(5) Disbursed pursuant to a final order of a court of appropriate jurisdiction.