This was added to TCA 62-13-104-3 in May 2003. The sponsors were Clabough and Miller. Phil Bredesen signed it in to law in June 2003 (click here to see the original Act as a .pdf):
Sunday, February 22, 2009
Is it just me, or do two distinct sections jump out at you, too? I can't figure out what the first sentence has to do with the second and third sentences. The latter two are easily understood and not hard to implement.
The first sentence talks about informing the public that the rental company is spending their deposit money as soon as they get it ~ regardless of the guests' arrival date. In other words, as long as a vacation rental management company, in the great State of Tennessee, has the following verbiage in it's guest agreement: