Which of the following is a requirement for a timeshare sales contract to be considered valid under Tennessee law?

For a timeshare sales contract to be considered valid under Tennessee law, it is essential that the contract is in writing and signed by both parties. This requirement ensures that there is a clear, executable agreement that outlines the rights and responsibilities of each party involved in the transaction. A written contract helps to eliminate ambiguity and serves as a legal document that can be enforced if disputes arise.

In addition to establishing the existence of an agreement, having both parties sign the contract safeguards against misunderstandings and provides proof of consent to the terms outlined within the contract. Tennessee law emphasizes the importance of written documentation for real estate transactions, including timeshares, to protect the interests of both buyers and sellers.